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