Government and the National Economy · Macroeconomics

Inflation and Interest Rates

Understanding how the Reserve Bank of Australia uses monetary policy to control the cost of living.

Key Questions

  1. 1How does high inflation erode the purchasing power of low-income earners?
  2. 2What trade-offs does the RBA face when raising interest rates?
  3. 3Who benefits from a period of high interest rates?

ACARA Content Descriptions

AC9HE8K01AC9HE8S04
Year: Year 8
Subject: Economics & Business
Unit: Government and the National Economy
Period: Macroeconomics

Suggested Methodologies

Ready to teach this topic?

Generate a complete, classroom-ready active learning mission in seconds.

Generate a Custom MissionBrowse Lesson Plan Templates

More in Government and the National Economy

Economic Growth and GDP

Measuring the performance of the national economy through the value of goods and services produced.

2 methodologies

The Role of the Budget

How the federal government uses revenue and spending to influence economic activity.

2 methodologies

Browse curriculum by country

AmericasUSCAMXCLCOBR
EuropeUKIEFRDEESITNLPTSE
Asia & PacificINSGAU