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2.3.1.2a - concepts of inflation, deflation and disinflation

Syllabus
2018
Objective
2.3.1.2
Level
AS

a - concepts of inflation, deflation and disinflation

The concepts of inflation, deflation and disinflation.

Use a - concepts of inflation, deflation and disinflation to connect the rule to the data and decision in the question.

This matters because a - concepts of inflation, deflation and disinflation determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.

Example: apply a - concepts of inflation, deflation and disinflation to one small, clearly defined case, show the key step or comparison, and explain the result in words.

Boundary: a - concepts of inflation, deflation and disinflation is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.

ConceptA-Level Edexcel Economics AS