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Inflation
Economics · Year 11 · Introduction to Macroeconomics · 2.º Período

Inflation

Students investigate the measurement, causes, and consequences of inflation in Australia. They differentiate between demand-pull and cost-push inflation.

ACARA Content DescriptionsACARA Senior Secondary Economics (Unit 2) - Measurement of inflationACARA Senior Secondary Economics (Unit 2) - Causes and effects of inflation

About This Topic

Students investigate the measurement, causes, and consequences of inflation in Australia. They differentiate between demand-pull and cost-push inflation.

Key Questions

  1. How is the Consumer Price Index (CPI) used to measure inflation?
  2. What are the main causes of inflation?
  3. How does inflation affect different groups in society?

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Edited by Adriana Perusin, Editor-in-Chief, Flip Education