Cost-Push Inflation
Completion requirements
Watch these videos on how inflation occurs in the economy. They discuss the specific cases of cost-push inflation and demand-pull inflation. Note which of the two curves – aggregate demand or aggregate supply – causes the inflation problem in each case. The second video discusses a specific case from our history – the demand-pull inflation in the United States during the Lyndon Johnson administration (1963–1969).
- Video 1: Cost-push inflation
- Video 2: Demand-pull inflation under Johnson
Source: Khan Academy, https://youtu.be/3A-nAw2tY_4, https://www.youtube.com/watch?v=HdqbCvqTb20
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Last modified: Monday, 10 March 2025, 11:27 AM