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Managing the National Economy · Spring Term

Inflation: Causes and Consequences

Examining the causes and consequences of rising price levels in the economy.

Key Questions

  1. Justify why a small amount of inflation is considered healthy for an economy.
  2. Analyze who loses the most when the purchasing power of money falls.
  3. Explain how global supply chains impact domestic inflation.

National Curriculum Attainment Targets

GCSE: Economics - How the Economy WorksGCSE: Economics - Inflation
Year: Year 10
Subject: Economics
Unit: Managing the National Economy
Period: Spring Term

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