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Inflation in Modern Economies


Inflation in Modern Economies

Inflation in Modern Economies

Learn more about inflation and how it effects the economy.


Students: 959
Course Description

The rate of inflation and whether it has gone up or gone down is reported on a daily basis across the media. Many people don't realise the significance of or the role inflation plays in shaping modern economies, and the effects or impact it can have on our daily lives.
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With an ever increasing interest in economics, knowing the exact meaning and role of inflation, deflation and even hyperinflation have become discussion points for the average lay person. In this free online course, you will learn about inflation and its role in shaping modern economies, how inflation comes about from prices rising to a fall in the supply and demand on common goods and services, and how inflation is calculated on a yearly basis. You will also learn about the opposite of inflation, namely deflation and how this affects economies also. This free course will be of great interest to professionals in business, economics and finance who would like to learn more about inflation and to all learners who have an interest in important economic concepts and who would like to gain a clear understanding of them.

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Certification

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Learning Outcomes

Learning outcomes: - Understanding how inflation comes about - Examine various effects inflation is caused due to price increases or low demand - Understand the negative effects of higher inflation - Overview of a basic subject matter of macroeconomics.


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Module Title
Module 1: Understanding the Role of Inflation in Modern Economies
Module 2: Understanding Inflation Assessment

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Background  
Course Rating (By Learners)
Course Title Inflation in Modern Economies
Course # 463
Course Publisher Khan Academy
Course Category 2
Content Origin
Course Description  The rate of inflation and whether it has gone up or gone down is reported on a daily basis across the media. Many people don't realise the significance of or the role inflation plays in shaping modern economies, and the effects or impact it can have on our daily lives. With an ever increasing interest in economics, knowing the exact meaning and role of inflation, deflation and even hyperinflation have become discussion points for the average lay person. In this free online course, you will learn about inflation and its role in shaping modern economies, how inflation comes about from prices rising to a fall in the supply and demand on common goods and services, and how inflation is calculated on a yearly basis. You will also learn about the opposite of inflation, namely deflation and how this affects economies also. This free course will be of great interest to professionals in business, economics and finance who would like to learn more about inflation and to all learners who have an interest in important economic concepts and who would like to gain a clear understanding of them.
License  This course is available from Khan Academy OpenCourseWare through the following Creative Commons licence:
Creative Commons License
Release Date 07 November 2012
   
Content  
Course Duration (Avg Learner) 1-2 Hours
Video/Audio High
Audio Only High
Animation None
Assessments Yes
 
Education Level
Age appropriateness 16+ Years
Minimum Grade/Class Level Higher High Secondary School
 
Validation Level 5
ALISON Testing Yes
Certification Availability
PDF Download Yes
Parchment Yes
Framed Certification Yes
   
Merchandise Availability
Marketing Information
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Course Forum  View

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  • Paul Grace New Zealand despite answering all questions 100 percent correct cannot move on 2014-06-17 10:06:45
  • Martins Ugochukwu Nigeria The course is rich and comprehensive 2014-04-26 19:04:58
  • Iris Rada Albania useful course 2014-04-18 11:04:48
  • R.R. Walker United States of America Course Module: Module 2: Understanding Inflation Assessment
    Course Topic: Introduction to Macroeconomics Assessment
    Comment: Two problems with course & assessment: 1. Question 3 on assessment (Deflation means:) does not accept correct answer (choice 3 - general decrease in prices) but claims choice 1 (Fixing rat of inflation to agreed rate for year) is the answer - WRONG! 2. Questions in assessment regarding hyperinflation were not covered in course lessons - some module(s) must be missing. 2012-12-12 01:12:22
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Study for Free at Your Own Pace! Start This Course

Free, Online Inflation in Modern Economies Course.