The following reading discusses what causes hyperinflation. Two versions of the reading are presented, the first for those who did a seminar in which the AD-AS model was covered. If you are not familiar with the AD-AS model, choose the second version.
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For a discussion of how theory is used (or should be used!) in the study of economics, see the following pages from my forthcoming book Macroeconomics—A Practical Foundation.
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This link takes you to an interesting article on how
economists failed in understanding the real world
because of an obsession with inappropriate models:
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If you are puzzled when you see expressions like percentage change on a previous quarter expressed at an annual rate, these pages from my forthcoming book Macroeconomics—A Practical Foundation should help you. They include exercises with answers.
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This article describes the methods used to obtain UK unemployment and claimant count data.
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You will also find there articles and other information on the crisis.
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