Y1/IB 11) Causes of Inflation (Demand Pull and Cost Push)

AS/IB 7) Causes of Inflation (Demand Pull and Cost Push) - An understanding of the two major types of inflation causes, demand pull inflation and cost push inflation

[EconplusDal]

April, I am using two different models of Aggregate Supply here - the classical model (SRAS) for cost push inflation and Keynesian model (very useful for evaluation) for demand pull inflation

[evotas]

Firstly, i'd like to say thank you so much for making this series. It's really helping me out!

Second of all, I'd just like to add, for the Cost Plus you can use a depreciation of exchange rates as well, to a factor that increases the price of production, (like importing oil for instance, will become more expensive, due to your own exchange rate depreciating)

[rpasheva]

Thank you, great explanation, could use a little more light

[theresa-]

Thank you so much. I am writing Tuesday my first economic exam in my life, because I picked it as a side subject to my normal degree. Thought I would be doomed, but you explained things so well in every video that you probably saved me from failing. Thank you a lot. Greetings form Germany

[mohidakram]

Thankyou you so much. I struggled with this. you have provided so much clarification.

[nethmeedantanarayana]

I love your videos!!!! They are so clear and easy to understand!!!! Thanka a ton!!! 😊💕

[DanielRamBeats]

Really great examples, thanks for taking the time to record!

[Boomman]

Thank you very much. Excellent explanation!

[sebastianotomasso]

Thank you, I find every lesson very useful

[tanveededhia]

I thank to the Econplusdal and the tutor for amazing explaining all the economic concepts which has helped me in clearing one of the most difficult subjects of actuarial science....😊

[mahmisheikh]

i wish you could write those explanations sir
Thanks its helping anyway

[aakashsotta_cupji]

thank you so much for explaining theses concepts. your explanation is very simple and exemplary.

[randomcomment]

I don’t understand what inflationary deflationary pressure is? I get demand pull and cost push but not inflationary deflationary pressure.

[electronicmusic]

Thank you so much for the videos. Really appreciate your work!

[wiktorzalewski]

Love this video, helped so much, explained so well. TYVM :)

[anacristinacanalesgomez]

thank you so much, it´s very clear. Could you explain which is the mechanism by which budget deficit creates inflation?

[anushikafernando]

Thank you so much! Your amazing at teaching :)

[bidurbhattarai]

Excellent video!. For cost push inflation, could you also talk about increase in indirect tax and reduction in subsidies ?

[ohmyonedirection]

why is the AS curve a straight line in Cost Push whereas in Demand Pull it was the standard curved shape?

[priyeshramesh]

Great Video!. So are the firms increasing the price from PL1-PL2 because of the pressure put on the existing factors of production (as workers may for instance ask for increase in wages, to cope with the extra hours, or because land becomes more scarce)