Sign-up today to join over 5 million learners already on ALISON:

Inflation in Modern Economies


Inflation in Modern Economies
Inflation in Modern Economies

Learn more about inflation and how it effects the economy.


Join 1,324 other students.
Inflation in Modern Economies Course
4 18

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.

Certification

To qualify for your official ALISON Diploma, Certificate or PDF you must study and complete all modules and score 80% or more in each of the course assessments. A link to your Diploma certificate will then appear under the My Certificates heading of your My Account page.

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.


Manage a Group of Learners

Share This Course!

 
Course Rating (By Learners): 4 stars based on 18 reviews
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: Post-Secondary
Validation: Level 5
ALISON Testing: Yes
Certification Availability
PDF Download: Yes
Parchment: Yes
Framed Certification: Yes

Study for Free at Your Own Pace! Start This Course

  • Paul Grace
    Paul Grace New Zealand despite answering all questions 100 percent correct cannot move on 2014-06-17 10:06:45
  • Martins Ugochukwu
    Martins Ugochukwu Nigeria The course is rich and comprehensive 2014-04-26 19:04:58
  • Iris Rada
    Iris Rada Albania useful course 2014-04-18 11:04:48
  • R.R. Walker
    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
More Comments and Reviews >>

Study for Free at Your Own Pace! Start This Course

Free, Online Inflation in Modern Economies Course.