After decades of low inflation, prices spiked in the 2020s. Inflation was back, but a generation of managers had little experience with it. That lack of experience caused companies to make mistakes when inflation started its fast ascent. Financial leaders need to relearn the skills and insights that guided companies through the high inflation of the 1970s and 1980s.

This course is broken into two sections. The first section will cover some key concepts about inflation. You'll learn:

What is inflation
The Federal Reserve's role in managing inflation
The indexes used to measure inflation
How to calculate inflation
A historical look at inflation and its causes
The advantages and disadvantages of inflation
Consumer reactions to inflation

The second section builds on these concepts to provide implications for company financial management. I'll explain:

How to prepare for inflation
The importance of cash management
Ways to earn more income and protect your cash during inflation
Pricing tactics and strategies
Inflation implications for capital expenditures
Tips and ideas for many aspects of company financial management