ECON102: Principles of Macroeconomics

3.4: Inflation, Hyperinflation, Deflation, and Stagflation

• Principles of Macroeconomics: "Chapter 5, Section 2: Price-Level Changes"

  Read this section and attempt the "Try It" exercises. This reading serves as an introduction to price-level changes.
  

• Khan Academy: "Introduction to Inflation" URL

  Watch this lecture about inflation.
  

• Khan Academy: "Stagflation" URL

  Watch this lecture about stagflation.
  

• Khan Academy: "Hyperinflation" URL

  Watch this lecture, which discusses hyperinflation. Hyperinflation is defined as inflation rates in excess of 200 percent for a period of one year or longer.
  

• Dr. Mary J. McGlasson "Real GDP" Page

  Watch this brief lecture for information on real GDP.
  

• Principles of Macroeconomics: "Chapter 16, Section 1: Relating Inflation and Unemployment" URL

  Read this section and attempt the "Try It" exercises for an introductory discussion of inflation and unemployment.