Introductory Macroeconomics Course code: 201

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Introductory Macroeconomics Course code: 201 INFLATION: Meaning and Types Prepared by Anindita Chakravarty INFLATION: Meaning Environment of rise in prices of goods and services in an economy Purchasing power of consumers decreases Measure

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01
Introductory Macroeconomics Course code: 201 INFLATION: Meaning and Types Prepared by
Anindita Chakravarty<br>
02
INFLATION: Meaning Environment of rise in prices of goods and services in an economy
Purchasing power of consumers decreases
Measure of inflation overtime-rate of inflation for inflation rate<br>
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TYPES OF INFLATION Basically, there are four types of inflation
1. Creeping inflation
2. Walking inflation
3. Galloping inflation
4. Hyperinflation<br>