Spec 9EC0
Revise Edexcel A A Level Economics 2.1.2 Inflation with the question bank, lessons, revision guides, and flashcards.
a) Understanding of: • inflation • deflation • disinflation • b) The process of calculating the rate of inflation in the UK using the Consumer Prices Index (CPI) • c) The limitations of CPI in measuring the rate of inflation • d) The Retail Prices Index (RPI) as an alternative measure of the rate of inflation