Discuss the Phillips curve that was used by the Neoclassical Synthesis to analyse inflation. How did Friedman incorporate expectations into this Phillips curve and what were the main implication of his analysis? Use equations and graphs. 1200 words

This is a timed essay i would like this done within 1hr and 45 minutes to do at least 1200 words or as much as you can and try do as much as you can as it is part of an exam. No need for a full detailed bibliography only need 2 references and just do intext citations if you get any other references. 

If you need any resources to help with this essay please let me know. Please include an introduction and conclusion.

You need to include in-text references (e.g. Lavoie, 2019), but end-of-text reference lists are not required.   

Marking criteria: The answers should (i) have a clear structure, (ii) demonstrate a good understanding of the related theoretical concepts/frameworks and (iii) show elements of critical reflection.

To get a top level essay use this:

80+ (First Class)
A mark of 80+ will fulfil the following criteria:
• shows clear evidence of wide and relevant reading and an engagement with the conceptual
issues
• develops a sophisticated and intelligent argument
• shows a rigorous use and a confident understanding of relevant source materials
• achieves an appropriate balance between factual detail and key theoretical issues
• provides evidence of original thinking

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