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In this lecture, we dive deep into one of the most important topics in Macroeconomics — Inflation.
You will learn:
✅ What is Inflation (simple explanation + examples)
✅ Types of Inflation: Demand-Pull & Cost-Push
✅ Causes of Inflation (demand-side, supply-side, monetary, expectations, external shocks)
✅ Deflation (why falling prices can be dangerous)
✅ Stagflation (the worst-case scenario in economics)
✅ Effects of Inflation on consumers, businesses, governments, and the overall economy.
This is not just theory — inflation affects your daily life. From grocery bills to salaries, it impacts people, businesses, and governments worldwide. By the end of this video, you will clearly understand how and why prices rise, and what it means for the economy.
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