Inflation and the Consumer Price Index

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Course Goals:

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Explain the meaning of useful terms like “inflation”, “deflation” and “basket price”.
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Understand what the Consumer Price Index is.
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Calculate inflation rates based on the change in the Consumer Price Index.
Course average duration :
2 Hours
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Overview
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When prices in a given country exhibit a prolonged rising trend, it is called inflation. In order to gain a sense of what inflation means, this course will present numerous examples followed by clear and simple explanations, which are accompanied by illustrations. This course provides you with the tools needed to understand terms like “deflation” and “basket price” followed with clear and simple explanations about the Consumer Price Index.
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