The Phillips Curve Simulator is an interactive tool designed to help users explore the relationship between inflation and unemployment, two critical macroeconomic variables. The Phillips Curve illustrates the inverse relationship between these variables: as unemployment decreases, inflation tends to rise, and vice versa. This simulator allows users to adjust key economic parameters such as inflation expectations, natural unemployment rate, and supply shocks to observe how they affect the curve.

This tool is ideal for students learning macroeconomics, teachers demonstrating economic concepts, policymakers evaluating trade-offs, and analysts simulating economic scenarios.

Key Features:

1. Interactive Inputs : Users can adjust inflation expectations, natural unemployment rate, and supply shocks using sliders or input fields.
2. Dynamic Visualization : Displays a real-time graph of the Phillips Curve based on user inputs.
3. Scenario Simulation : Allows users to test different economic conditions and observe their impact on inflation and unemployment.
4. PDF Download Option : Users can download a summary of their simulation results, including the graph and input parameters, in PDF format.
5. Modern Design : A colorful, stylish, and modern interface that integrates seamlessly into your WordPress Elementor HTML block.
6. Self-Contained Container : The tool stays within its own container, ensuring it doesn’t interfere with the page header or footer.

Use Cases:

• Economics students exploring the Phillips Curve and its implications.
• Policymakers analyzing trade-offs between inflation and unemployment under different scenarios.
• Teachers demonstrating economic concepts in classrooms using dynamic visualizations.
• Analysts testing hypothetical economic policies and their potential outcomes.

How It Works:

1. The user adjusts the natural unemployment rate, inflation expectations, and supply shocks using sliders or input fields.
2. The tool dynamically updates the Phillips Curve graph to reflect the new economic conditions.
3. Users can observe how changes in these parameters shift the curve or alter its slope.
4. Users can download a summary of the simulation results, including the graph and input parameters, as a PDF by clicking the “Download PDF” button.