In this second lesson on inflation we’ll outline its consequences and briefly introduce some possible solutions to the two different types of inflation.
Month: April 2016
Inflation: Causes, Consequences and Solutions – part 1 of 2
In this lesson we’ll define inflation, show how it’s calculated, distinguish between different causes of inflation and graph it in an AD/AS model.
The Consequences of and Solutions to Unemployment – part 3 of 3
In our final lesson on unemployment we’ll learn about the individual, economic and social consequences of unemployment and examine some of the ways it can be reduced through government policies.
Types of Unemployment and their Causes – part 1 of 3
This lesson introduces the different types of unemployment, the measurement of unemployment, its causes and how to illustrate it in an Aggregate demand / Aggregate supply model.