Macro Notes 6: Inflation

At the end of this set of notes, you should be able to explain:

1. Definition and Measurement of Inflation
2. Inflation Type 1: Demand-pull Inflation
3. Inflation Type 2: Cost-push Inflation
4. Effects of Anticipated Inflation
5. Effects of Unanticipated Inflation
6. The Dangers of Deflation
7. Policies to Tackle Inflation

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