, Lecture 1 notes
Index Numbers :
Index of
< number is constructed by expressing the value an item in the current
period
as a ratio of/relative to it's value in the base/reference period
Index from base period index
percentage change ecuperiod has
> no. measures >
-
an 100
a =
> To calculate
Currentperiodae
:
X 100
Index no
Index no .
=
②
S
To calculate the % incr/deer ;
D
An below 100
↳
An answer above 100 answer
indicates an increase indicates a decrease
I must to calculate
be able I must know how to calculate ↓
how much increase % ) 100 Index
decrease) no
-
%
Price Index Number :
Index Number
& A
Price Price
Relative
Aggregate Index * Aggregate means sumt
=
07/po X 100
& &
unweighted Weighted
Pt Price Price Indices Price Index
* = in current yu Aggregate Aggregate
* Po = Price in base yu
Exit
It :
x10
It = [Pit X Qi
x 100
EPio X Qi
↓
Two Types
S
2
/
Laspeyres Poaches
Price index Price Index
EPitX Dixon
[PitX Qit
It: X100
It :
EPiox Qit
Index Numbers :
Index of
< number is constructed by expressing the value an item in the current
period
as a ratio of/relative to it's value in the base/reference period
Index from base period index
percentage change ecuperiod has
> no. measures >
-
an 100
a =
> To calculate
Currentperiodae
:
X 100
Index no
Index no .
=
②
S
To calculate the % incr/deer ;
D
An below 100
↳
An answer above 100 answer
indicates an increase indicates a decrease
I must to calculate
be able I must know how to calculate ↓
how much increase % ) 100 Index
decrease) no
-
%
Price Index Number :
Index Number
& A
Price Price
Relative
Aggregate Index * Aggregate means sumt
=
07/po X 100
& &
unweighted Weighted
Pt Price Price Indices Price Index
* = in current yu Aggregate Aggregate
* Po = Price in base yu
Exit
It :
x10
It = [Pit X Qi
x 100
EPio X Qi
↓
Two Types
S
2
/
Laspeyres Poaches
Price index Price Index
EPitX Dixon
[PitX Qit
It: X100
It :
EPiox Qit
