You are using a subprime browser. It may render this site incorrectly. Inflation and unemployment are the two most talked-about demand pull inflation pdf in the contemporary society.
These two are the big problems that plague all the economies. Almost everyone is sure that he knows what inflation exactly is, but it remains a source of great deal of confusion because it is difficult to define it unambiguously.
Cost push and demand pull inflation. It is designed for AS economists preparing for Unit 2 but is also useful revision for students revising for unit 6. Inflation is a sustained increase in the general price level leading to THEORIES OP INFLATION. There are seven important theories of inflations.