Inflation

OpenStax

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Introduction to inflation

Tracking inflation

1 The price of a basket of goods

2 Index numbers

3 Key concepts and summary

How changes in the cost of living are measured

1 The cpi and core inflation index

2 Practical solutions for the substitution and the quality/new goods

3 Additional price indices: ppi, gdp deflator, and more

4 Key concepts and summary

How the u.s. and other countries experience inflation

1 Historical inflation in the u.s. economy

2 Inflation around the world

3 Key concepts and summary

The confusion over inflation

1 The land of funny money

2 Unintended redistributions of purchasing power

3 Blurred price signals

4 Problems of long-term planning

5 Any benefits of inflation?

6 Key concepts and summary

Indexing and its limitations

1 Indexing in private markets

2 Indexing in government programs

3 Might indexing reduce concern over inflation?

4 A preview of policy discussions of inflation

5 Key concepts and summary

Source: OpenStax, Principles of economics. OpenStax CNX. Sep 19, 2014 Download for free at http://legacy.cnx.org/content/col11613/1.11

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