- This session is on the chapter "Inflation and deflation" The following concepts are discussed and explained: 1) Explanation on inflation 2) Explanation on deflation 3)Explanation on benign deflation 4)Explanation on malign deflation Also, the following documents are available in the exercise section: 1) Notes on today's session "Inflation and deflation - Part 1" 2) Homework on Past Examination Paper: Economics O level (Syllabus 2281), Paper 2, June 2012 - Questions 2, 3 and 4. Also question on employment and unemployment are given.
Session 33: Inflation and deflation
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