Content A) Introduction v Definition v Types of Inflation o Creeping Inflation o Hyper Inflation o Suppressed Inflation v The Retail Price Index (RPI) B) Causes of Inflation v Demand Pull Inflation o Definition o Reasons v Cost Push Inflation o Definition o Reasons C) Economic Effects of Inflation v Effects on Income Distribution v Effects on Production v Effects on Borrowers and Lenders v Effects on International Trade and Balance of Payments D) Anti-Inflationary Policies v Monetary Policy v Fiscal Policy v Income Policy v Supply-side Policies v Direct Control
For Learning and Teaching Economics