LESSON PLAN
Inflation and deflation - IGCSE Economics.
LESSON OBJECTIVE: are shared with the students for awareness and expectation of lesson outcome.
At the end of the lesson, the students will be able to: 4.8.1 define inflation and deflation - 4.8.2 - Measure inflation and deflation using the Consumer Prices Index (CPI).
4.8.3 Identify and explain the causes of inflation and deflation - Causes of inflation: demand-pull and cost-push. Causes of deflation: demand-side and supply-side.
4.8.4 Consequences of inflation and deflation - The consequences of inflation and deflation for consumers, workers, savers, lenders, firms and the economy as a whole. 4.8.5 Policies to control inflation and deflation. The range of policies available to control inflation and deflation and how effective they might be.
NB: You can add your school logo and name on top or rejig it for more than a lesson period or as you require.
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