What is Unit 5 even about?

Unit 5 just seems like a continuation of Units 3-4, like it doesn’t feel like it’s a real unit, what’s there that is distinct from the other 2?

Yep! I usually taught it in tandem with other topics. Basically, the Phillips Curve, comparing MP and FP, critiques of MP coming from classicals and neoclassicals (rational expectations theory), why LRAS will shift

Fiveable Logo

2550 north lake drive
suite 2
milwaukee, wi 53211

✉️ help@fiveable.me

learn

about for students for parents for teachers for schools & districts content team privacy contact

practice

🥇 2020 Fiveable Olympics study plans upcoming events trivia hypertyper resources cram passes

connect

community tiktok discord twitter instagram facebook careers

*ap® and advanced placement® are registered trademarks of the college board, which was not involved in the production of, and does not endorse, this product.

© fiveable 2020 | all rights reserved.