Inflation Notes (A-Level, IB)

Related Exam Boards: GCE A-Level, IB (HL), Edexcel (A2), OCR, AQA, Eduqas, WJEC

Inflation is an increase in the general price level of an economy. In other words, the purchasing power of the country’s currency has decreased. Inflation can arise from internal and external events, and it can be categorised into multiple types: Growth in money supply, Demand-pull inflation and Cost-push inflation, depending on different causes.

Inflation Revision Notes

Want a closer look? Download these notes here.

Resources on other A-Level/IB Economics websites

EconPlusDal YouTube Channel
Inflation and Its Measurement
Causes of Inflation
Costs and Benefits of Inflation

Measuring Inflation
Main Causes of Inflation

Measuring Inflation

Measuring Inflation
Causes of Inflation
Costs of Inflation

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