Inflation


The concept explains inflation, its benefits and drawbacks and provides useful case studies and step-by-step advice on how to calculate and measure it.

Technique Overview

Inflation

Inflation Definition

Inflation is the phenomenon of rising prices. The effect may be due to fast growth in GDP (demand-pull inflation) or an increase in raw materials and/or production costs (supply-side/cost-push inflation). An exaggerated inflationary process is called hyperinflation (Conway, 2009).

Inflation Description *

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Business Evidence

Inflation Strengths *

Inflation Weaknesses *

Examples of Inflation *

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Business Application

Inflation Implementation *

Success Factors of Inflation *

Measures of Inflation *

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Professional Tools

Inflation Videos *

Inflation Downloads *

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Further Reading

Inflation Web Resources *

Inflation Print Resources *

Inflation References (4 of up to 20) *

  • Baumol, W.J., Blinder, A.S. (2010). Macroeconomics: Principles and Policy. Cengage Learning.
  • Bloomberg (2011). China Inflation Surging to Fastest in 3 Years Weakens Case for Rate Pause. Jul 9. Available at: http://www.bloomberg.com/news/2011-07-09/china-inflation-surging-to-fastest-in-3-years-weakens-case-for-rate-pause.html.
  • Ciccarelli, M., Mojon, B. (2005). Global Inflation. European Central Bank. Working Paper Series, n.537.
  • Conway, E. (2009). 50 Economics Ideas You Really Need to Know. Quercus.

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