Understanding Inflation: A Basic Introduction | L1 | Dr. Rinkoo Shantnu | PCACS

In this video, we dive into the fundamentals of inflation, a key economic concept that affects everyone's daily life. Learn what inflation is, how it's measured, and the different types of inflation, including demand-pull and cost-push inflation. We also explore the causes of inflation, such as monetary factors, fiscal policies, and supply shocks, and discuss its effects on purchasing power and economic stability. Finally, discover the various methods used by governments and central banks to control inflation. Whether you're a student, a professional, or just curious about economics, this video will give you a clear understanding of inflation and its impact on the economy. ... https://www.youtube.com/watch?v=UW8hwOQxrdk