Understanding Economic Issues Inflation Ncea Level 2 External

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Barcode 9780995128507
9780995128507

Description

This latest edition has been updated with comprehensive new notes and activities, all presented in a clear and logical sequence. It is designed to assist students with understanding the economic concepts and models required to prepare for assessments. A range of summative review questions builds up the student’s confidence for tackling the end of year examinations. 

Table of contents

Contents:

AS 91222: Analyse inflation using economic concepts and models (2.1)

1 Overview – price stability

2 Price and the price level

3 Real values

4 Impacts of inflation/deflation

5 Aggregate demand

6 Aggregate supply

7 Economic activity

8 Demand-pull/cost-push inflation

9 The business cycle

10 Quantity Theory of Money

11 Review (Exam) questions