Price Stability
Unit Readings
Chapter 20:
Inflation
Google Doc
Inflation
Google Slides
Inflation
Google Quiz
Inflation Part One
Google Quiz
Inflation Part Two
Google Quiz
Inflation Part Three (HL Only)
Good article explaining the inflation occurring in 2022. By the end of this unit you should understand everything in this article.
COsts of Inflation
This reading is a condensed set of notes on the Costs associated with inflation. We will discuss most of these in class.
Measuring Inflation
HL/SL student should watch at least one of these videos and HL student should also watch the third video to help understand the calculations.
Using a Price Index to convert nominal figures to real figures
How to construct a Weighted Price Index
Demand Pull versus Cost Push Inflation
The Phillips Curve (HL Extension)
Slide Show we used for Phillips Curve
Multiple Choice for Phillips Curve (same as above)
Article on this issue
Extending Beyond the IB
Warning: The next video is not for the easily confused!!!
The next video and concept is complex. It may benefit your understanding of Excess Money Growth Inflation, but I am not certain how applicable it is to you doing well on an IB question about the causes of inflation as they typically only expect a discussion of Demand Pull and Cost Push inflation. ENTER AT YOUR OWN RISK!!