This document provides an overview of macroeconomic concepts including inflation, deflation, and GDP deflator. It defines inflation as a sustained increase in prices and describes different types of inflation such as currency inflation, credit inflation, and demand-pull inflation. Deflation is defined as a decrease in general price levels. The GDP deflator measures the price level of all final goods and services in an economy. In conclusion, the document notes that inflation is a significant problem due to issues like black money and parallel money flows.
1. Definition
2. Variations of Inflation
3. Calculation of Inflation
4. Keynisian view of Inflation/Causes of Inflation
5. Effects of Inflation
6. Methods to Control Inflation
7. Is inflation good or bad?
8. Inflation and GDP
Inflation is defined as a sustained increase in the general level of prices for goods and services in a county, and is measured as an annual percentage change. Under conditions of inflation, the prices of things rise over time. Put differently, as inflation rises, every dollar you own buys a smaller percentage of a good or service. When prices rise, and alternatively when the value of money falls you have inflation
inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index, usually the consumer price index, over time. The opposite of inflation is deflation
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.
1. Definition
2. Variations of Inflation
3. Calculation of Inflation
4. Keynisian view of Inflation/Causes of Inflation
5. Effects of Inflation
6. Methods to Control Inflation
7. Is inflation good or bad?
8. Inflation and GDP
Inflation is defined as a sustained increase in the general level of prices for goods and services in a county, and is measured as an annual percentage change. Under conditions of inflation, the prices of things rise over time. Put differently, as inflation rises, every dollar you own buys a smaller percentage of a good or service. When prices rise, and alternatively when the value of money falls you have inflation
inflation is a sustained increase in the general price level of goods and services in an economy over a period of time.When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchange and unit of account within the economy.A chief measure of price inflation is the inflation rate, the annualized percentage change in a general price index, usually the consumer price index, over time. The opposite of inflation is deflation
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.
Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.
Inflation has become a serious topic of discussion among the people. demands are increasing day by day , supply is becoming less and as it is prices are rising . so i am making this ppt in order to make people aware of this severe problem that is begin to evolve in our society
What are the causes of inflation?
Why does it occur?
And what are the steps or precautionary measures that could be implemented in order to control inflation?
Inflation has become a serious topic of discussion among the people. demands are increasing day by day , supply is becoming less and as it is prices are rising . so i am making this ppt in order to make people aware of this severe problem that is begin to evolve in our society
What are the causes of inflation?
Why does it occur?
And what are the steps or precautionary measures that could be implemented in order to control inflation?
3 Things Every Sales Team Needs to Be Thinking About in 2017Drift
Thinking about your sales team's goals for 2017? Drift's VP of Sales shares 3 things you can do to improve conversion rates and drive more revenue.
Read the full story on the Drift blog here: http://blog.drift.com/sales-team-tips
How to Become a Thought Leader in Your NicheLeslie Samuel
Are bloggers thought leaders? Here are some tips on how you can become one. Provide great value, put awesome content out there on a regular basis, and help others.
Inflation is the rise in the prices of goods and services with time. Inflation is of various types and is determined based on different parameters. It is important to have some level of inflation in an economy as deflation can have a negative effect. Visit https://indianmoney.com/articles/different-types-of-inflation to know more.
This document was made as an assignment for the course of Economics.
This document was made by the help of several books and online portals. Thanks to the author of that resources.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Synthetic Fiber Construction in lab .pptxPavel ( NSTU)
Synthetic fiber production is a fascinating and complex field that blends chemistry, engineering, and environmental science. By understanding these aspects, students can gain a comprehensive view of synthetic fiber production, its impact on society and the environment, and the potential for future innovations. Synthetic fibers play a crucial role in modern society, impacting various aspects of daily life, industry, and the environment. ynthetic fibers are integral to modern life, offering a range of benefits from cost-effectiveness and versatility to innovative applications and performance characteristics. While they pose environmental challenges, ongoing research and development aim to create more sustainable and eco-friendly alternatives. Understanding the importance of synthetic fibers helps in appreciating their role in the economy, industry, and daily life, while also emphasizing the need for sustainable practices and innovation.
This is a presentation by Dada Robert in a Your Skill Boost masterclass organised by the Excellence Foundation for South Sudan (EFSS) on Saturday, the 25th and Sunday, the 26th of May 2024.
He discussed the concept of quality improvement, emphasizing its applicability to various aspects of life, including personal, project, and program improvements. He defined quality as doing the right thing at the right time in the right way to achieve the best possible results and discussed the concept of the "gap" between what we know and what we do, and how this gap represents the areas we need to improve. He explained the scientific approach to quality improvement, which involves systematic performance analysis, testing and learning, and implementing change ideas. He also highlighted the importance of client focus and a team approach to quality improvement.
Students, digital devices and success - Andreas Schleicher - 27 May 2024..pptxEduSkills OECD
Andreas Schleicher presents at the OECD webinar ‘Digital devices in schools: detrimental distraction or secret to success?’ on 27 May 2024. The presentation was based on findings from PISA 2022 results and the webinar helped launch the PISA in Focus ‘Managing screen time: How to protect and equip students against distraction’ https://www.oecd-ilibrary.org/education/managing-screen-time_7c225af4-en and the OECD Education Policy Perspective ‘Students, digital devices and success’ can be found here - https://oe.cd/il/5yV
Operation “Blue Star” is the only event in the history of Independent India where the state went into war with its own people. Even after about 40 years it is not clear if it was culmination of states anger over people of the region, a political game of power or start of dictatorial chapter in the democratic setup.
The people of Punjab felt alienated from main stream due to denial of their just demands during a long democratic struggle since independence. As it happen all over the word, it led to militant struggle with great loss of lives of military, police and civilian personnel. Killing of Indira Gandhi and massacre of innocent Sikhs in Delhi and other India cities was also associated with this movement.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Welcome to TechSoup New Member Orientation and Q&A (May 2024).pdfTechSoup
In this webinar you will learn how your organization can access TechSoup's wide variety of product discount and donation programs. From hardware to software, we'll give you a tour of the tools available to help your nonprofit with productivity, collaboration, financial management, donor tracking, security, and more.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
4. INFLATION
Inflation is defined as a sustained increase in the general level of prices for goods
and services. It is measured as an annual percentage increase. As inflation rises,
every rupees you own buys a smaller percentage of a good or service.
6. TYPES OF INFLATION
On the basis of cause
(1) Currency Inflation
(2) Credit Inflation
(3) Deficit induce Inflation
(4) Demand pull Inflation
(5) Cost push Inflation
7. situation in which more money becomes available without an
increase in production and services, causing prices to rise:
Market can experience price inflation without currency inflation, but
the market cannot experience currency inflation without price
inflation.
CURRENCY INFLATION
8. CREDIT INFLATION
Being profit-making institutions, commercial banks sanction
more loans and advances to the public than what the economy
needs. Such credit expansion leads to a rise in price level
9. DEFICIT INDUCE INFLATION
*The budget of the government reflects a deficit
when expenditure exceeds revenue.
*To meet this gap, the government may ask the central
bank to print additional money.
*Since pumping of additional money is required to meet
the budget deficit, any price rise may
10. DEMAND PULL INFLATION
*An increase in aggregate demand over the available output leads to a rise in the
price level.
*rise in aggregate demand to money supply
*too much money chasing too few goods.
11.
12. COST PUSH INFLATION
*An economy may arise from the overall increase in the cost of production
*Cost of production may rise due to an increase in the prices of raw materials, wages,etc
*Prices of commodities are thereby increased
13.
14. On the basis of speed
Creeping Inflation
Walking Inflation
Running Inflation
15. CREEPING OR MILD INFLATION
If the speed of upward thrust in prices is slow but small then we have
creeping inflation. What speed of annual price rise is a creeping one has not
been stated by the economists
16. WALKING INFLATION
If the rate of annual price increase lies between 3 p.c. and 4
p.c., then we have a situation of walking inflation. When
mild inflation is allowed to fan out, walking inflation
appears.
17. GALLOPING AND HYPERINFLATION
Walking inflation may be converted into running inflation. Running
inflation is dangerous. If it is not controlled, it may ultimately be
converted to galloping or hyperinflation
18. In economics, deflation is a decrease in the general price
level of goods and services.
Deflation occurs when the inflation rate falls below 0% (a
negative inflation rate).
Inflation reduces the real value of money over time;
conversely, deflation increases the real value of money –
the currency of a national or regional economy.
DEFLATION
21. In economics, the GDP deflator (implicit price deflator) is a
measure of the level of prices of all new, domestically
produced, final goods and services in an economy. GDP
stands for gross domestic product, the total value of all final
goods and services produced within that economy during a
specified period.
GDP DEFLATOR
