Economic Growth, Inflation and Unemployment

The three main macroeconomic issues that attract the attention of economists are the following: economic growth, inflation and unemployment. Although neo-Keynesians, neo-Classics and Monetarists have different approaches to address these aspects and don´t share the same priorities.

Neo-Keynesians are mainly concerned with economic growth and unemployment. While neo-Classics consider that in addition to the economic boom, it is essential to stabilize inflation. And the Monetarists deal only with inflation.

Despite their differences, economists of various trends recognize the need to promote economic growth and reduce inflation and unemployment.