1. Inflation

2. Inflation in practice Inflation

3. Inflation rates in selected industrial countries UK

4. EU15 Inflation rates in selected industrial countries

5. UK EU15 USA Inflation rates in selected industrial countries

6. UK EU15 Japan USA Inflation rates in selected industrial countries

7. UK EU15 Japan USA OECD Inflation rates in selected industrial countries

8. Aggregate demand, aggregate supply and the price level Aggregate demand, aggregate supply and the price level Inflation

9. O Price level National output Aggregate demand

10. O Price level National output AD Aggregate demand

11. O Price level National output Aggregate demand

12. O Price level National output AS Aggregate supply

13. O Price level National output AS AD Aggregate demand and aggregate supply

14. O Price level National output AS AD PePe Aggregate demand and aggregate supply

15. O Price level National output AS AD PePe P2P2 a b Aggregate demand and aggregate supply

16. Demand-pull and cost-push inflation Demand-pull and cost-push inflation Inflation

17. O Price level National output AS AD 1 P1P1 Q1Q1 Demand-pull inflation

18. O Price level National output AS AD 1 P1P1 Q1Q1 AD 2 Demand-pull inflation

19. O Price level National output AS AD 1 P1P1 Q1Q1 AD 2 P2P2 Q2Q2 Demand-pull inflation

20. Cost-push inflation O Price level National output AS 1 AD P1P1 Q1Q1

21. O Price level National output AS 1 AD P1P1 Q1Q1 AS 2 Cost-push inflation

22. O Price level National output AS 1 AD P1P1 Q1Q1 AS 2 P2P2 Q2Q2 Cost-push inflation

23. The interaction of demand-pull and cost-push inflation The interaction of demand-pull and cost-push inflation Inflation

24. The interaction of demand-pull and cost-push inflation O Price level National output AS 1 AD 1 P1P1

25. O Price level National output AS 1 AD 1 P1P1 AS 2 AD 2 P2P2 The interaction of demand-pull and cost-push inflation

26. O Price level National output AS 1 AD 1 P1P1 AD 2 P2P2 AS 3 AD 3 P3P3 AS 2 The interaction of demand-pull and cost-push inflation

27. The interaction of demand-pull and cost-push inflation: (a) an initial increase in aggregate demand The interaction of demand-pull and cost-push inflation: (a) an initial increase in aggregate demand Inflation

28. Initial demand-pull inflation O National output Price level AS short run AD P0P0 a

29. O National output Price level AS AD P0P0 AD 1 P1P1 a b Initial demand-pull inflation

30. O National output Price level AS AD P0P0 AD 1 P1P1 a b AD 2 P2P2 c Initial demand-pull inflation

31. O National output Price level AS AD P0P0 AD 1 P1P1 a b AD 2 c Subsequent supply response AS 1 P2P2 P3P3 d Initial demand-pull inflation

32. O National output Price level AS AD P0P0 AD 1 P1P1 a b AD 2 c Subsequent demand response AS 1 d P2P2 P3P3 AD 3 P4P4 e Initial demand-pull inflation

33. O National output Price level AS AD P0P0 AD 1 P1P1 a b AD 2 c AS 1 d P2P2 P3P3 AD 3 P4P4 e Subsequent supply response AS 2 f P5P5 Initial demand-pull inflation

34. O National output Price level AS AD P0P0 AD 1 P1P1 a b AD 2 c AS 1 d P2P2 P3P3 AD 3 P4P4 e AD 4 Subsequent demand response AS 2 f P5P5 g P6P6 Initial demand-pull inflation

35. The interaction of demand-pull and cost-push inflation: (b) an initial reduction in aggregate supply / increase in aggregate costs The interaction of demand-pull and cost-push inflation: (b) an initial reduction in aggregate supply / increase in aggregate costs Inflation

36. Initial cost-push inflation O National output Price level AS AD P0P0 a

37. O National output Price level AS AD P0P0 P1P1 a b AS 1 Initial cost-push inflation

38. O National output Price level AS AD P0P0 P1P1 a b c AS 1 P2P2 AS 2 Initial cost-push inflation

39. O National output Price level AS AD P0P0 AD 1 P1P1 a b c AS 1 d P2P2 P3P3 Subsequent demand response AS 2 Initial cost-push inflation

40. O National output Price level AS AD P0P0 AD 1 P1P1 a b c AS 1 d P2P2 P3P3 P4P4 e Subsequent supply response AS 2 AS 3 Initial cost-push inflation