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Offered for the first four weeks of Spring II 2025, this course is intended to deal with the nexus and interactions between inflation, interest rates, and stock prices. Inflation has been such a big issue in recent years. Central banks employ interest rates as monetary policy for controlling inflation, such as Federal Funds Rate by the Federal Reserve. Inflation is a significant risk factor with asset pricing implications. Stock prices are sensitive to discount rates for future earnings, hence to interest rates and inflation. Nominal and real interest rates have seemingly different characteristics. Investment decisions are affected by expected inflation, which is difficult to predict. It is deemed that finance students will much benefit from learning how inflation, interest rates, and stock prices are affecting each other through conducting statistical exercises as well as reviewing existing studies. The desired learning outcome will include not only conceptual learning but also experiential learning through empirical investigation using real-life data. In that light, student learning progress will be assessed based on their performance on written assignments, computer exercises, and participation in discussions.