Understanding Economic Issues Inflation NCEA level 2 - External

Economics Year 12 (level 2 NCEA)

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. 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


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  • : 9780995128507
  • : Rennie Resources Limited
  • : books