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Inflation is one of the most repeatedly tested topics in UPSC Prelims, Mains (GS-III) and interviews. In this comprehensive lecture, we explain inflation from fundamentals to advanced concepts, exactly the way it is required for UPSC Civil Services Examination. 📌 What you will learn in this video: ✅ What is Inflation? (Concept + Real-life examples) ✅ Types of Inflation • Demand-pull inflation • Cost-push inflation • Built-in inflation • Inflation based on rate (Creeping, Walking, Galloping, Hyperinflation) ✅ Causes of Inflation in India • Demand-side factors • Supply-side bottlenecks • Structural factors ✅ Measures to Control Inflation • Demand-side measures • Supply-side measures • Role of RBI and Government ✅ Important Inflation-Related Concepts • Stagflation • Skewflation • Phillips Curve • NAIRU • Inflation Targeting in India • RBI’s CPI-based framework 🎯 Who should watch this video? UPSC CSE aspirants State PCS aspirants RBI Grade B, SEBI, NABARD aspirants Anyone preparing Indian Economy conceptually 0:00 - Introduction 0:25 - What is Inflation 3:38 - Demand Pull Inflation 5:47 - Cost Push Inflation 8:01 - Wage price Spiral 10:37 - Imported Inflation 13:22 - Creeping, Walking, Galloping, Hyperinflation 15:30 - Bottleneck Inflation 16:43 - Core Inflation 17:59 - Demand side Measures to control Inflation 24:03 - Supply Side Measures to control Inflation 27:03 - Inflation Premium 29:30 - Philips Curve (short & long run) 35:58 - Stagflation 42:43 - Skewflation 44:25 - Inflation Targetting 46:58 - Deflation & Disinflation