Macroeconomic principles: Inflation, hyperinflation, deflation, and stagflation

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3.4 Inflation, hyperinflation, deflation, and stagflation


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Activity

Principles of Macroeconomics: "Chapter 5, Section 2: Price-Level Changes"

  • Read this section and attempt the "Try It" exercises. This reading serves as an introduction to price-level changes.

Khan Academy: "Introduction to Inflation"

  • Watch this lecture about inflation.

Khan Academy: "Stagflation"

  • Watch this lecture about stagflation.

Khan Academy: "Hyperinflation"

  • Watch this lecture, which discusses hyperinflation. Hyperinflation is defined as inflation rates in excess of 200 percent for a period of one year or longer.

Dr. Mary J. McGlasson "Real GDP"

  • Watch this brief lecture for information on real GDP.

Principles of Macroeconomics: "Chapter 16, Section 1: Relating Inflation and Unemployment"

  • Read this section and attempt the "Try It" exercises for an introductory discussion of inflation and unemployment.