Phillips Curve | Long Run Phillips Curve | Short Run Phillips Curve | ecoso

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  • Опубліковано 8 лют 2025
  • Hello everyone! We generally expect the government to control inflation and reduce unemployment. However, in reality, achieving both of these goals simultaneously is not possible. In this video, we will explore why controlling inflation and reducing unemployment together is impossible with the help of the Phillips Curve. We will delve into the short-run and long-run Phillips Curve in detail, accompanied by diagrams. I hope this will be helpful. All the best! 👍
    #ecoso #phillipscurve #shortrunphillipscurve #longrunphillipscurve #phillipscurveexplained #phillipscurveinhindi #phillipscurveineconomics #Nairu #inflationandunemploymenttradeoff #sybcom
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КОМЕНТАРІ • 97

  • @bolt8295
    @bolt8295 Рік тому +42

    Currently the best teacher for economics in whole UA-cam, thank you for explaining the concepts clearly, we miss you ma'am, hoping for your comeback.

    • @ecoso
      @ecoso  Рік тому +5

      Wow, thank you for your inspiring words 💫 Keep watching

    • @shantichaudhary-te8ri
      @shantichaudhary-te8ri 9 місяців тому +1

      Really nice video

  • @SrinivasuluBellam
    @SrinivasuluBellam 10 місяців тому +5

    Regularly waching your vidios before going to class for teach ug students lt is very helpful to me l am a senior lecturer 30 years experience blesses to you make the students happy

    • @ecoso
      @ecoso  10 місяців тому +1

      Thank you so much Sir for your kind words and support! I humbly seek your blessings for my future journey 🙏

  • @PunmasterSTP
    @PunmasterSTP Рік тому +9

    Phillips Curve? More like "Perfectly informative video; superb!" 👍

    • @ecoso
      @ecoso  Рік тому +1

      Thank you for your kind words ✨️

  • @ashokkumarpanda8063
    @ashokkumarpanda8063 3 місяці тому +1

    God bless you... I am regularly watching your video... I am lecturer in Economics 12 year experience... your video more than helpfull for teaching procedure for my self....

  • @pranjaljadhav8138
    @pranjaljadhav8138 11 місяців тому +2

    Very well and easliy explained , it seemed to me complex topic but u explained very precisely and smoothly🌼

    • @ecoso
      @ecoso  11 місяців тому

      Glad to hear from you. All the Best 👍

  • @muhammadfaizan9786
    @muhammadfaizan9786 3 місяці тому +2

    Teaching method superb😊

    • @ecoso
      @ecoso  3 місяці тому

      Thank you 😊

  • @AhmedNadeem-g1p
    @AhmedNadeem-g1p 5 місяців тому

    Mashallah buht he easy and achaa smjhayaa maim

  • @jagadeshhosalli9858
    @jagadeshhosalli9858 4 місяці тому +1

    Your teaching is very clearly and best explained madam. continued economics topics dayli. All the best.

    • @ecoso
      @ecoso  4 місяці тому

      Thank you for your kind words ✨️

  • @shibaprasadkhamari7556
    @shibaprasadkhamari7556 6 місяців тому +1

    Very nice madam ,,ur teaching style is perfectly understandable.

    • @ecoso
      @ecoso  6 місяців тому

      Glad to hear from you 😊

  • @kgf0099a
    @kgf0099a Рік тому +4

    Nice explanation....keep going

    • @ecoso
      @ecoso  Рік тому +1

      Thanks a lot 🙏

  • @Lovenverfades
    @Lovenverfades Рік тому +4

    tommorow i have my eco exam and u put the video thanksss

  • @Kaushiksharma1803
    @Kaushiksharma1803 Рік тому +5

    Thank you so much tomorrow is my exam got it so clearly ❤❤❤

  • @AsmaShakeel-g9t
    @AsmaShakeel-g9t 6 місяців тому +1

    Impressed 👍

    • @ecoso
      @ecoso  6 місяців тому

      Thank you

  • @Shubhamverma-oq4gh
    @Shubhamverma-oq4gh 8 місяців тому +1

    NICE VIDEO MAAM I UNDERSTAND YOUR CONCEPT

    • @ecoso
      @ecoso  8 місяців тому

      Glad to hear from you 😊

  • @yashvartak4053
    @yashvartak4053 Рік тому +1

    I am very much need of this lecture

    • @ecoso
      @ecoso  Рік тому

      Glad it helped you 😊

  • @kiwiswitzerland2856
    @kiwiswitzerland2856 Рік тому +3

    Sis you make best explanation videos for economics which is very useful during exams - Thank you for that!
    A Request: Would like if you could make a video on Kuznet consumption puzzle, permanent income hypothesis

    • @ecoso
      @ecoso  Рік тому

      Glad to hear from you 😊

  • @RTknowledge-g1l
    @RTknowledge-g1l 10 місяців тому +1

    Great teaching ❤ thanku mam 🙏

    • @ecoso
      @ecoso  10 місяців тому

      You're most welcome 😀

  • @rohit_rohit_15
    @rohit_rohit_15 9 місяців тому +1

    Thanks for this wonderful explanation🎉

    • @ecoso
      @ecoso  8 місяців тому

      You're very welcome!

  • @NazibaMazumder
    @NazibaMazumder 8 місяців тому +1

    Best explanation ma'am Thank you so much❤😊

    • @ecoso
      @ecoso  8 місяців тому

      Most welcome 😊

  • @korealfazz5981
    @korealfazz5981 7 місяців тому +1

    Mam u r best teacher

    • @ecoso
      @ecoso  7 місяців тому

      Thank you 😊

  • @babubaby8050
    @babubaby8050 Рік тому +3

    Your teaching is very nice

    • @ecoso
      @ecoso  Рік тому +2

      Thank you so much 💓

    • @ecoso
      @ecoso  Рік тому +2

      Thank you dear 😊

    • @PunmasterSTP
      @PunmasterSTP Рік тому +1

      Yes, I agree!

  • @nikhilwaghe6534
    @nikhilwaghe6534 10 місяців тому +1

    👌👍

  • @MyNguyen-bl7tp
    @MyNguyen-bl7tp Рік тому

    I very much appreciate your detailed explanations of The Phillips Curve, ma'am. I have one question what does the original Phillips curve tell us about the AS curve in one year? I am confused about what the SRAS and SRPC will shift to in one year. And one year of this point, is it considered a short period or a long period, I am stuck on that point. Thank you so much and hope you respond.

    • @ecoso
      @ecoso  Рік тому

      Thank you so much for your kind words ✨️
      1. The Short-Run Phillips Curve (SRPC) can influence the Aggregate Supply (AS) curve. If policymakers aim to reduce unemployment by increasing aggregate demand through fiscal policy, it will lead to a higher price level in the short run. This, in turn, can impact Aggregate Supply in the short run.
      2. The terms short-run and long-run are relative terms. Generally in economics one year is considered as a short-run.
      3. Both SRPC and SRAS may shift in the short-run depending on government policies, trade cycles, external economic shocks etc.

  • @SrinivasuluBellam
    @SrinivasuluBellam Рік тому +1

    Super teaching

    • @ecoso
      @ecoso  Рік тому

      Thank you 😊

  • @MM36302
    @MM36302 Рік тому +1

    thanks from pakistan ❤

    • @ecoso
      @ecoso  Рік тому

      You're most welcome 😀

    • @MM36302
      @MM36302 Рік тому

      @@ecoso ap india sy ho ??

    • @MM36302
      @MM36302 Рік тому

      @@ecoso india k kis city sy

  • @hemantarohidash8739
    @hemantarohidash8739 Рік тому +1

    Good explanation

    • @ecoso
      @ecoso  Рік тому

      Thanks for liking

  • @leenamhaskar2352
    @leenamhaskar2352 Рік тому +2

    Can you make a video on measurement of income inequality - Lorenz curve , Gini coefficient

  • @nalindasivanesarajah8412
    @nalindasivanesarajah8412 8 місяців тому +1

    Thank you!
    Could you please do the Tobin's Modified version of the Philips Curve also?

  • @SrinivasuluBellam
    @SrinivasuluBellam 10 місяців тому +1

    Superb madam

    • @ecoso
      @ecoso  10 місяців тому

      Thank you 😊

  • @BarshaSinghh
    @BarshaSinghh Рік тому +2

    Thank you so much ma'am pls complete all sem of graduations and pg

    • @ecoso
      @ecoso  Рік тому +1

      You're welcome 😊

  • @ferryland123
    @ferryland123 2 місяці тому

    Mam short run phillip curve AD and AS ki help sy derive kar ky toh ek video bana dein......

  • @suindude8149
    @suindude8149 Рік тому

    Yes the wage related theory suggests the general view of the ups and down in the economy of organization,as the GDP goes high the base of the theory changes thus rate of employment has the direct proportionment with wages,our feel is likewise.

  • @chowangsotayangtayang8424
    @chowangsotayangtayang8424 9 місяців тому +1

    ❤❤

  • @arishakhan5517
    @arishakhan5517 7 місяців тому

    Thankyou mam kal mera exam h thankyou so much❤

    • @ecoso
      @ecoso  7 місяців тому

      You're most welcome 😀

  • @linajar9357
    @linajar9357 Рік тому +2

    Madam, while going from b to c in period 3 when unemployment increases due to economic slow down, why is inflation at same level? Why it's not coming down?

    • @ItsBuuuny
      @ItsBuuuny Рік тому

      Because example: In india petrol prices are hike from 2020 but after slowdown in economy the price of petrol remain constant(Inflation rate) so,now people saying they are unemployed and the price of goods are high🎉

  • @Shubhamverma-oq4gh
    @Shubhamverma-oq4gh 8 місяців тому

    can you please make video on Adaptive Expectations and Rational Expectations

  • @rahuldhakare2834
    @rahuldhakare2834 Рік тому

    Ma'am plz make video on inflation targeting and exchange rate targeting and it's working

  • @manishanayak3446
    @manishanayak3446 10 місяців тому

    Mam please adoptive expectations and rational expectations pe video and NAIRU in long run hai😢 aur NRU ?

    • @ecoso
      @ecoso  10 місяців тому

      NAIRU

  • @harshchauhan8203
    @harshchauhan8203 Рік тому +2

    Can you pls upload video of money multiplier by 16th October?

    • @PunmasterSTP
      @PunmasterSTP Рік тому

      Out of curiosity, what happened on October 16th? Did you have a test? If so, I hope it went alright!

  • @khushveer111
    @khushveer111 3 місяці тому

    Mam ye answer behaviour of philips curve me likh sakte hai kya

    • @ecoso
      @ecoso  3 місяці тому +1

      Ha

  • @shreya-yayaya-4
    @shreya-yayaya-4 11 місяців тому +1

    Ma'am thoda bolne ki speed bass teez kro bht slow jare ho jisse video dekhne ka Maan nhi krta

  • @prithviraj6954
    @prithviraj6954 7 місяців тому

    Respect mam I have a doubt how can our beloved scientist jhon Philips can research for 96 years?? Since 1861 to 1957 ...or kuch kaam nhi tha kya?? Kindly reply mam🥹🥹

    • @ecoso
      @ecoso  7 місяців тому +1

      Dear Prithviraj pls understand that Prof. Phillips studied the data of wage behavior in UK between 1861 to 1957. It doesn't mean that he studied for that many years...

  • @amanshukla5427
    @amanshukla5427 Місяць тому

    Why there is the slow down and economy

  • @bunnyyt4973
    @bunnyyt4973 11 місяців тому +1

    I love you ❤

  • @mona1110
    @mona1110 11 місяців тому

    Plz maths and statistics

  • @pintexkumar8752
    @pintexkumar8752 9 місяців тому

    Mam mujhe thoda long run phillips curve samajh me nahi aayi

  • @nalindasivanesarajah8412
    @nalindasivanesarajah8412 9 місяців тому

    Can you do in English so students from all the states can learn?

    • @ecoso
      @ecoso  9 місяців тому

      Not decided yet.

  • @monojkantichakraborty9814
    @monojkantichakraborty9814 11 місяців тому +1

    worst explanation...
    Seems like some 12 students are giving presentation.
    Give proper explaination, along with the economics behind the shifting of curve

  • @userunknown5233
    @userunknown5233 Рік тому +1

    Plz explain in English 😅

  • @AnshPrasad
    @AnshPrasad Рік тому

    Mam aapka naam kya hai

  • @yusraqureshi4958
    @yusraqureshi4958 11 місяців тому +1

    How are your haal😂😂

  • @favourvictor8684
    @favourvictor8684 7 місяців тому

    What happened to the English you were speaking