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5.2.2 The Long-run Phillips Curve

Part of Long-Run Consequences of Stabilization Policies in AP® Macroeconomics. Read the opening section, then create a free account for the full interactive lesson, practice, and progress tracking.

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What is the Long-run Phillips Curve?

The long-run Phillips curve is a fundamental concept in macroeconomics that extends the ideas of the short-run Phillips curve to a longer time horizon.

In this unit

8 lessons

  1. 5.1Fiscal and Monetary Policy Actions in the Short RunPreview lesson
  2. 5.2.1The Short-run Phillips CurvePreview lesson
  3. 5.2.2The Long-run Phillips CurveThis lesson
  4. 5.3Money Growth and InflationPreview lesson
  5. 5.4Government Deficits and the National DebtPreview lesson
  6. 5.5Crowding OutPreview lesson
  7. 5.6Economic GrowthPreview lesson
  8. 5.7Public Policy and Economic GrowthPreview lesson

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