by Marjan Arbab | Jan 16, 2014 | Macroeconomics
Price Index A Price Index is a measure of the average level of prices. So when we see a news on the TV that “Inflation is rising”, they are really reporting the movement of a Price Index. A price index is a weighted average of the price of a basket of goods and... by kasi | Oct 16, 2010 | Economics
Inflation is an economic condition in which general price level rise, and currency is devalued over a period of time. The value of currency decreases and resulted in erosion of purchasing power. One unit of currency can purchase fewer goods and services. Currently... by kasi | Sep 4, 2010 | Economics
Inflation is a condition where the general price level is rising continuously indicating the imbalance between supply and demand of goods at current prices. The causes of inflation vary from one country to another, what different types of inflation existing in... by kasi | Sep 3, 2010 | Economics
The most simple and easy definition of inflation is reduction or drop in the value of money. Inflation is a comprehensive topics and it also have different types. Several economists have described inflation in different ways. For example Coulborn define inflation as... by kasi | Jun 23, 2010 | Macro-Economics
Several economists have described the inflation in different ways. For example Coulborn define inflation as “Too much money chasing too few goods.” According to Crowther “Inflation is a state of economy in which the value of money is falling, i.e. prices are rising.”...