Publication: Journal of Economic Education
Volume: Volume 19, No. 4
Issue: Fall 1988
Pages: pp. 341-352
Author(s): Mark O. Evans (California State College)
Title: A Recursive Inflation-Unemployment Model for Principles of Economics Courses
Abstract: Different types of inflation are explained with a simple alternative model to the usual array of graphical expositions. The author demonstrates its application in the beginning macroeconomics course.