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Inflation

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About this resource

Edexcel Economics B (9EB0) Theme 2, Unit T2-5 (spec ref 2.5.3) — inflation, deflation and disinflation; measuring inflation using CPI/RPI and a representative basket of goods; real vs nominal values and constant vs current prices; demand-pull vs cost-push causes of inflation; and the impact of in…

19 slides.

Lesson outline

  1. Do Now — Retrieval
  2. Inflation, Deflation and Disinflation
  3. Hinge Check — Disinflation
  4. Measuring Inflation — CPI, RPI and the Basket of Goods
  5. Check — Reading the Index
  6. Real vs Nominal, Constant vs Current Prices
  7. Apply It — Real Wages
  8. Causes of Inflation — Demand-pull vs Cost-push
  9. Hinge Check — Imported Inflation
  10. Guided Practice — Demand-pull Inflation on the AD/AS Diagram
  11. Apply It — Cost-push Inflation, in Words
  12. The Impact of Inflation on Firms and Individuals
Unit bundleTheme 2 · The wider economic environment
Part of: Theme 2 · The wider economic environment: the whole unitEvery resource in the unit in one zip.

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