Inflation, Price Stability & Deflation

Students will understand the key economic theory of inflation, price stability and deflation. The lesson covers inflation, hyperinflation, disinflation, reflation and much more. The lesson covers the equation of exchange, the quantity theory of money and the Fisher Equation of Exchange. The lesson also covers the consequences of inflation and deflation and whether deflation can ever be good for an economy. The lesson includes deep theory, many tasks, examples and videos. This lesson is aimed at higher level Macroeconomic teaching and includes high mark essay style questions.