IB students – As we begin unit 3.5 from our Macro syllabus, we will start to focus on the relationships between unemployment, inflation, economic growth, and further explore the policy measures available to central banks and governments to achieve macroeconomic goals. Over the weekend, you are to read chapter 16 from our text. In addition, you need to find an article that relates to the Phillips Curve, link to it, summarize it and offer a brief analysis on your own blog. Here are some articles I found by doing a quick search on Google News for “inflation and unemployment”.

• Bloomberg.com: German August Unemployment Falls as Economy Expands
• Polish central bank raises rates third time to keep inflation at bay UPDATE – Forbes.com
• www.kansascity.com | 08/28/2007 | Poverty rate falls, but U.S. has more uninsured
• Canada’s workforce needs to be more mobile to reduce jobless rate: report
• Lower the Fed Funds Rate – WSJ.com
• Bloomberg.com: Japan’s Consumer Prices Fall 0.1%, Production Drops
• TwinCities.com – Over time, data can prove unreliable

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About the author:  Jason Welker teaches International Baccalaureate and Advanced Placement Economics at Zurich International School in Switzerland. In addition to publishing various online resources for economics students and teachers, Jason developed the online version of the Economics course for the IB and is has authored two Economics textbooks: Pearson Baccalaureate’s Economics for the IB Diploma and REA’s AP Macroeconomics Crash Course. Jason is a native of the Pacific Northwest of the United States, and is a passionate adventurer, who considers himself a skier / mountain biker who teaches Economics in his free time. He and his wife keep a ski chalet in the mountains of Northern Idaho, which now that they live in the Swiss Alps gets far too little use. Read more posts by this author

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