ECONOMICS MASTER (INFLATION)

This course provides an in-depth understanding of inflation—its origins, measurement, and impact on economic systems. Learners will explore how inflation shapes policy decisions, affects markets, and influences everyday financial realities.

• Understand the fundamental concept of inflation and its significance in economic analysis.

• Examine the various types and classifications of inflation with relevant examples.

• Explore key determinants and indicators, including CPI, WPI, and GDP deflator.

• Analyze the relationship between inflation, monetary policy, and fiscal policy.

• Study the effects of inflation on income distribution, savings, and investments.

• Review historical and contemporary trends in India and global economies.

• Assess the challenges policymakers face in maintaining price stability.

• Develop critical insights into economic planning and inflation management strategies.