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Inflation

  • Barry Harrison
  • Charles Smith
  • Brinley Davies
Chapter

Abstract

In Chapter 28 we analyse the causes and consequences of inflation. We shall be referring to many of the concepts discused in Chapter 27 including the rate of inflation and the retail price index. We shall also be using the aggregate demand and aggregate supply framework developed in Chapter 22, as well as the concept of the natural rate of unemployment which was also discussed in Chapter 22.

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Copyright information

© Barry Harrison, Charles Smith and Brinley Davies 1992

Authors and Affiliations

  • Barry Harrison
  • Charles Smith
  • Brinley Davies

There are no affiliations available

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