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FECON 374S

Inflation: Past, Present, and Future

Ellen E. Meade

Description from DukeHub

In this seminar course, students will study the history of inflation beginning with the 1960s and 1970s when inflation was high, and the steps that were taken by the Federal Reserve and other central banks around the world to bring inflation down in the 1980s and 1990s. We will study economic models of the inflation process and examine how inflation is measured in the official statistics. Finally, we will investigate the factors behind the resurgence in inflation following the COVID-19 pandemic and assess the actions the Fed has taken to return inflation to pre-pandemic levels. Prerequisite: ECON 101D and 201D

Skills

No skill passed the confidence bar. Weak matches go to review instead of this page: an AI pass that has to quote the description, then a person.

AI-resilient: 2 of 5

  • No: Physical, lab or field work
  • No: Live work with people
  • No: Judgment someone is accountable for
  • Yes: A craft you practice with your hands or body · "resurgence"
  • Yes: Small, in-person format · seminar, 18 seats per section

The checks lean on Microsoft Research, Working with AI (2025), which found generative AI applies least to physical work and hands-on work with people. A signal, not a promise. How the score works

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