9 同济大学 经济与管理学院 TONGJI UNIVERSITY SCHOOL OF ECONOMICS MANAGEMENT Chapter 11 Inflation and Deflation T指数底能 CPI狂飙 我们离通胀还远吗？ 8.7 26用 川2年 UFENG/CHINA DAILY
Chapter 11 Inflation and Deflation
The Economics of Money and Banking Chapter 11 Inflation and Deflation >>>Agenda Overview of Inflation Causes for Inflation Effects of Inflation Counter Measures of Inflation Deflation ● ● 2 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 2 GUO YING SEM TONGJI UNIVERSITY Overview of Inflation Causes for Inflation Effects of Inflation Counter Measures of Inflation Deflation Chapter 11 Inflation and Deflation Agenda
The Economics of Money and Banking Chapter 11 Inflation and Deflation 》》 Concept of Inflation 1 Definition Inflation is a continuous and obvious rise of the price level caused by Overview of Inflation great increase of money supply and it reduces the purchasing power of each unit of a currency. Two Conditions ■Notes in circulation Followed by continued rise of general price level 3 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 3 GUO YING SEM TONGJI UNIVERSITY 1 Concept of Inflation Overview of Inflation Inflation is a continuous and obvious rise of the price level caused by great increase of money supply and it reduces the purchasing power of each unit of a currency. Definition Notes in circulation Followed by continued rise of general price level Two Conditions Chapter 11 Inflation and Deflation
The Economics of Money and Banking Chapter 11 Inflation and Deflation >>Measurement of Inflation 1 1.消费物价指数 Overview of Inflation The consumer price index 2.批发物价指数 Wholesale price index 3.国民生产总值的平减指数 GNP deflator 4 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 4 GUO YING SEM TONGJI UNIVERSITY 1Overview of Inflation Measurement of Inflation 1．消费物价指数 The consumer price index 2．批发物价指数 Wholesale price index 3．国民生产总值的平减指数 GNP deflator Chapter 11 Inflation and Deflation
The Economics of Money and Banking Chapter 11 Inflation and Deflation 》Types of Inflation 1 Criteria:the speed of price rise Overview of Inflation Creeping inflation or Moderate inflation ■ Galloping inflation or runaway inflation ■Hyper inflation 5 GUO YING SEM TONGJI UNIVERSITY
The Economics of Money and Banking 5 GUO YING SEM TONGJI UNIVERSITY 1Overview of Inflation Types of Inflation Creeping inflation or Moderate inflation Galloping inflation or runaway inflation Hyper inflation Criteria: the speed of price rise Chapter 11 Inflation and Deflation