How to analyze and evaluate a real-world example about inflation?

Hey everyone!

I created this video embedded below using a news article about rising wages as well as rising inflation in the Australian economy. This article can demonstrate the importance of calculating real wages, rather than just nominal wages, as well as the sources and types of inflation. Students can incorporate ideas from the article in their paper one part (b) evaluation essays.

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Real-world examples for part b essays: Labor Markets and Unemployment

Paper One part (b) essays now require fully developed real-world examples. I always advise my students to weave the examples into their analysis and evaluation.

I have created a discussion of real-world examples of changes in labor markets in the US as a result of the coronavirus pandemic. These can be used to respond to Paper One part (b) essays about topics related to labor markets and unemployment.