This document discusses inflation, its causes and methods for controlling it. It defines inflation as a general rise in prices over time which reduces purchasing power. Inflation is inversely related to unemployment and hurts investors. It is measured by price indices like the wholesale price index (WPI) and consumer price index (CPI). Causes include demand-pull, cost-push, and built-in inflation. Controlling inflation requires coordinated monetary policy like interest rate changes and fiscal policy like tax increases. Extreme, hyperinflation has devastated Zimbabwe's economy.