Inflation - Theories
In this section we look at some of the causes of inflation and consider how it may be linked to other economic variables. The theories considered are:
- T1 Costs of inflation - who pays?
- T2 Demand-pull inflation - demanding inflation
- T3 Cost-push inflation - what pushes inflation up?
- T4 Phillips Curve - is unemployment inflated?
- T5 Inflation and money - the role of the money supply