Brad Cartwright

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In this step you'll learn about expressing unemployment on a diagram. In the neoclassical model, the natural rate of unemployment is 5%. A drop in aggregate demand will cause a recessionary gap and unemployment will be greater than 5%. On the other hand, an increase in aggregate demand will cause an inflationary gap and unemployment will be less than 5%. Both the neoclassical and Keynesian models can be used to express demand deficient unemployment."

What is Demand-Deficient (Cyclical) Unemployment? | IB Macroeconomics | PREVIEW bradcartwright.com

- Main principles of Macroeconomics
- Gross Domestic Product  
- Low and Stable Rate of Inflation
- Low Unemployment
- Economic Growth
- Fiscal and Monetary Policy
- Demand-Side and Supply-Side Management Policies


Macroeconomics For Better Understanding The world

- Basics of the Python programming language.
- The core concepts of data science libraries in Python.
- Become proficient in manipulating and visualizing data in Python.
- Understand the principles of machine learning and predictive modeling.
- Learn how to use Python to access public datasets and create data-driven applications.
- Become familiar with the capabilities of the Python scientific stack for data analysis.

Learning python to be a data scientist

- Classification of Numbers
- Negative Numbers & Adding & Subtracting Integers
- Integer Multiplication & Division
- Order Of Operations
- Prime Factorization
- Equations & absolute value
- Basics geometry
- Quiz for each step

What is Demand-Deficient (Cyclical) Unemployment? | IB Macroeconomics | PREVIEW bradcartwright.com

Join related learning paths

Macroeconomics For Better Understanding The world

Learning python to be a data scientist

Learning the Core of Mathematics