Inflation

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Inflation by Mind Map: Inflation

1. Define

1.1. inflation

1.2. disinflation

1.3. inflation and individual markets

1.4. hyperinflation

1.4.1. Germany example

2. measurement

2.1. price index

2.2. CPI

2.2.1. use

2.2.2. coverage

2.2.3. organisation

2.2.4. weighting

2.3. limitations

2.4. Other measure

2.4.1. GDP deflator

2.4.2. PPI

2.4.3. CGPI

2.4.4. FEPI

3. Causes

3.1. demand-pull

3.1.1. a budget deficit

3.1.2. approaching economic capacity

3.1.3. inflationary expectations

3.2. cost-push

3.2.1. an increase in factors cost

3.2.2. overseas prices

3.3. Money supply

4. Effect

4.1. trade

4.2. employment

4.3. growth

4.4. income distrubution

4.5. interaction with the tax system

4.6. on households

4.7. on firms

5. Government policies

5.1. policies

5.1.1. modify the cause of

5.1.1.1. demand-pull

5.1.2. modify the impact of

5.2. evaluating policies

5.2.1. prices stable

5.3. direct controls

5.4. fiscal policy

5.4.1. automatic stabiliser

5.5. monetary policy

5.5.1. The Reserve Bank of NZ

5.5.1.1. PTAs

5.5.1.2. OCR

5.5.1.3. interest rates

5.6. The Fiscal Responsibility Act 1994

6. indicators

6.1. domestic trade

6.2. investment

6.3. income and prices

6.4. labour market and balance of payments

6.5. GDP

6.6. market scope survey

6.7. CPIX VS CPI

7. AD/AS