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Managing the National Economy · Spring Term

Types of Inflation: Demand-Pull and Cost-Push

Differentiating between inflation caused by excessive demand and that caused by rising production costs.

Key Questions

  1. Differentiate between demand-pull and cost-push inflation with examples.
  2. Analyze how government spending can contribute to demand-pull inflation.
  3. Predict the impact of rising oil prices on cost-push inflation.

National Curriculum Attainment Targets

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

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