Macro: Unit 1.5 -- Inflation

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Define inflation, deflation, and hyperinflation - Describe the effects of inflation on purchasing power - Identify the three causes of inflation - Practice calculating the market basket and inflation/deflation rate over time - Discuss who is hurt, helped, and unaffected by excessive inflation Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/Product/Inflation-Activity-3090016 Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram -- http://www.instagram.com/youwillloveh... Facebook -- http://www.facebook.com/youwilllovehi... Subscribe to our YouTube Channel: https://www.youtube.com/youwillloveeconomics Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...