Economics – 1/11/16
I .Bellwork: Q&A
- What is the topic of the graph?
- What do the x-axis and y-axis represent?
- What are some observations you can make based on the graph?
- What do you believe may happen in 2015? Explain.
II. Objective:
- Identify how inflation is measured, the causes of inflation, and its impact on the economy.
- Differentiate between the types and causes of inflation through discussion and construction of thinking maps.
III. Discuss 13-2 Inflation pages 361-367
IV. Notebook Work
- Inflation – Winners and Losers
- Types of Inflation
- Causes of Inflation & Effects on the Economy
V. Classwork
- Provide an example for each of the types of inflation
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