Inflation

Included in this PowerPoint:

A detailed and colourful title slide that outlines the key learning outcomes and equipment required for the lesson

A starter activity where students are required to guess how the price of 5 goods and services has changed over time (closest for each round wins). Students really enjoy this activity

Explanation of why / when inflation becomes a problem, how it affects incomes and sectors where incomes have risen lower and higher than inflation

Explanation in basket of goods / weighted index

Step by step explanation of how inflation is calculated using weighted index

Activity (with answers) where students are required to calculate inflation changes using a weighted index

Activity (with answers) - identify which goods and services have been recently added and removed from the basket of goods

Explanation of difference between demand-pull and cost-push inflation with examples

Diagrams for both types of inflation

Presentation is detailed and colourful throughout

There are 52 slides in total and this presentation took me an hour and a half to go through.