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Monetary Policy - Inflation - Cures
Introduction
Once we've established what causes inflation and who it affects, then we can start to work out how to fix it. The problem is that, as you may have seen, economists don't agree on what caused it and so they certainly can't agree on how to fix it! In this section you can explore all the different cures suggested and find out more about the different theories surrounding it.
- Explanation - a good starting point for finding out about the different possible cures of inflation. A simple overall guide.
- Theories - more detail on all the different suggested cures for inflation. Demand-side policies, supply-side policies, targeting and so on.
- Worksheets - some worksheets to help you test your understanding of the cures for inflation.
- Further work - some further detail on the cures for inflation and some suggestions for additional study.
If you want to see how the Bank of England controls inflation in practice, you may want to go to the section on the Monetary Policy Committee.
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