CHAPTER TWELVE:INFLATION

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GENERAL OBJECTIVES:

By the  end of the topic, the learners  should be  able to demonstrate  knowledge, understanding  and  critical awareness and apply a range of skills in dealing with problems of inflation.


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SPECIFIC OBJECTIVES: 

By the end of this topic the reader should be able to explain:
  • Meaning of inflation.
  • Causes and different types of inflation.
    Inflation in developing countries.
  • Inflation as a positive economic policy.
  • Consequences of inflation.
  • Policy measures to counter inflation.