Overview
Explore the final two macroeconomic principles in this 30-minute lecture from NPTEL-NOC IITM. Delve into the relationship between government and price, examining how price is controlled through money and inflation. Investigate the trade-off between inflation and unemployment, focusing on its short-term implications for society. Gain valuable insights into these fundamental economic concepts and their real-world applications.
Syllabus
Ten Principles of Economics Part -4
Taught by
NPTEL-NOC IITM
Reviews
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I like the course I learnt about general economics so it’s good to know how economics works
I learnt about if we get a lot of many it’s to bad for us because it make inflation