Here we will learn about inflation. defination by C.CROWTHER . Cause and effect of inflation help you to more understand about inflation . I mention that you should relate it with real world to have a greater experience of knowledge. Thank you

1. BY VIVEK KUMAR PANDEY
BBA {2011925}
THE PHASE OF ECONOMY

2.  Meaning of Inflation
 Inflation by C.CROWTHER
 Measures for identification
 Causes and effects of Inflation
 Measures to correct Inflation
 Monetary policy
 Fiscal policy
 Conclusion

3.  Inflation refers to the rise in prices of goods
and services in an economy.
OR
Inflation refers to the situation of increase in
general prices level over a period of time.
 It means people have less power to buy goods
and services in same amount of money.

4.  According to C.CROWTHER, “Inflation is State
in which the Value of Money is Falling and the
Prices are Rising.”
 In Economics, the Word inflation Refers to
General Rise in Prices Measured against a
Standard Level of Purchasing Power.

5.  There are some measures to indentify the
inflation in an economy.
 Consumer price index
 Wholesale price index
 GDP deflator
Some other measure are:-
Price line of current year – Price line of base year
Price line of base year
X 100

6.  Demand pull Inflation
 Cost push Inflation
 Bottleneck Inflation
 Low Supply of goods and services
 Low currency value
 Increase in Government expenditure
 Black marketing

7.  Benefits to
 Debtors
 Investors
 Black Marketers
 Losses to
 Consumers
 Creditors
 Small and middle income people

8.  Government and related concerned authorities
take action on the economic instability.
Measures to be taken are follows:-
 Monetary Policy
 Fiscal Policy
 Other Measures
Other measures includes
 Increase in production
 Price control
 Increase in Exports

9.  It is the policy maintained and make by the
central banks . In India, Reserve Bank Of India
(RBI) regulates the policy. Monetary policy
consists of following instruments :
 Cash Reserve Ratio (CRR)
 Statuary Liquidity Ratio (SLR)
 Repo Rate
 Reverse Repo Rate
 Open Market Operation

10.  Fiscal policy refers to the policy in which Govt.
of an country take initiative to make the
economic stability. Some of the instruments are
as follows:-
 Government Expenditure
 Government Borrowings with RBI
 Public Debt
 Taxation
 Budget policy

11. Inflation is phase of one coin of
economy. It cause many problems but
it have some benefits also.
Government and some concerned
authorities are working to make
stability in an economy.
Thank you………..