The Basics of Inflation

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Slide 1: Slide
EnglishSecundair onderwijs

This lesson contains 17 slides, with interactive quizzes and text slides.

time-iconLesson duration is: 30 min

Items in this lesson

Slide 1 - Slide

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The Basics of Inflation

Slide 2 - Slide

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Learning Objective
At the end of the lesson, you should be able to define inflation and its causes.

Slide 3 - Slide

Introduce the learning objective and explain why it is important to understand inflation.
What do you already know about inflation?

Slide 4 - Mind map

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Slide 5 - Slide

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Defining Inflation
Inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.

Slide 6 - Slide

Introduce the definition of inflation and explain that it is a complex economic concept.
Causes of Inflation
There are two main causes of inflation: demand-pull inflation and cost-push inflation.

Slide 7 - Slide

Explain the two main causes of inflation and provide examples of each.
Demand-Pull Inflation
Demand-pull inflation occurs when there is too much money chasing too few goods.

Slide 8 - Slide

Explain demand-pull inflation and provide an example.
Cost-Push Inflation
Cost-push inflation occurs when the cost of production increases and businesses raise prices to maintain their profit margins.

Slide 9 - Slide

Explain cost-push inflation and provide an example.
Effects of Inflation
Inflation can have several negative effects on an economy, including decreased purchasing power, reduced investment, and increased uncertainty.

Slide 10 - Slide

Explain the negative effects of inflation on an economy and provide examples.
Controlling Inflation
Governments and central banks can use monetary and fiscal policy tools to control inflation.

Slide 11 - Slide

Explain how governments and central banks can control inflation and provide examples of policy tools.
Conclusion
Inflation is a complex economic concept that can have significant effects on an economy. Understanding its causes and effects is important for making informed economic decisions.

Slide 12 - Slide

Summarize the key points of the lesson and encourage students to ask questions or seek clarification.
Conclusion
Inflation is a complex economic concept that can have significant effects on an economy. Understanding its causes and effects is important for making informed economic decisions.

Slide 13 - Slide

Summarize the key points of the lesson and encourage students to ask questions or seek clarification.
What do you know about inflation in Belgium at this moment ?

Slide 14 - Open question

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Write down 3 things you learned in this lesson.

Slide 15 - Open question

Have students enter three things they learned in this lesson. With this they can indicate their own learning efficiency of this lesson.
Write down 2 things you want to know more about.

Slide 16 - Open question

Here, students enter two things they would like to know more about. This not only increases involvement, but also gives them more ownership.
Ask 1 question about something you haven't quite understood yet.

Slide 17 - Open question

The students indicate here (in question form) with which part of the material they still have difficulty. For the teacher, this not only provides insight into the extent to which the students understand/master the material, but also a good starting point for the next lesson.