Inflation

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Session Plan 1] What is Inflation? 2] 3 Strains of Inflation 3]How it is measured? 4]CPI vs WPI 5] Deflation vs. Disinflation 6]Classification of Inflation based on its sources 7] Short run Philips Curve 8] Causes of inflation 9] Effects of inflation on Economy a) Positives of Inflation b) Negatives of Inflation 10] How to control Inflation?

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LAW OF INFLATION: WHATEVER GOES UP WILL GO UP SOME MORE.

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INFLATION IS A TAXTION WITHOUT LEGISLTION.

INFLATION IS SIN ; EVERY GOVT. DENOUNCES IT & EVERY GOVT. COMMITS IT.

INFLATION IS THE EVERYONE’S ILLUSION OF WEALTH.

GOVT. IS THE ONLY INSTITUTION THAT CAN TAKE A VALUABLE COMMODITY LIKE PAPER AND MAKE IT WORTHLESS BY APPLYING INK TO IT.

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EFFECTS OF INFLATION ON THE ECONOMY:

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Inflation

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