Macro economics

Inflation
GDP growth
Interest rates
Crude Oil prices
Fiscal deficit
Unemployment rate


2009-2014
1. High inflation - 10.4 average
2. Moderately high GDP growth rate - ~7
3. Fiscal deficit - -4.5
4. Crude oil prices - 100$/barrel
5. Interest rates - 4.5 to 8.5 to 7.5





Inflation causes: Demand vs Supply
1. Demand-pull inflation: When demand increases with enough increment in supply it causes prices to rise. 
2. Cost-push inflation: When the cost of production increases the productivity of business reduces which in term reduces the supply keeping the demand constant.

Demand-pull inflation








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