Lecture 16: Index numbers, nominal vs constant prices, deflators

20 Novembro 2017, 09:00 • Patrícia Melo

I introduced the concept of current values vs constant values and how tehy can be related. I explained how we calculte teh CPI and how it can be used to convert variables from currrent to constant prices. We used teh example of minimum wage in Portugal between 1975 and 2015.

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Lecture 15 Part 4: Cont. Composite aggregative index numbers

15 Novembro 2017, 09:00 • Patrícia Melo

Review of laspeyres and paasche indices. Exercises covering lectures 11-14: simple index number, rates of changes, aggregative composite indices

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Lecture 14 - Index numbers Part 3: Composite index numbers

13 Novembro 2017, 09:00 • Patrícia Melo

Introduction to composite aggregative index numbers, + illustrating example.

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Lecture 13 - Index numbers Part 2 - Operations with index numbers

30 Outubro 2017, 09:00 • Patrícia Melo

Revision of chain and fixed base index numbers, and main operations using index numbers. We carried out exercises from lecture 12 and 13.

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Lecture 12 - Index numbers - Part 1

25 Outubro 2017, 09:00 • Patrícia Melo

I inroduced teh concept of index number and its relation to relative changes. We covered materials on chain and fixed base index numbers, and the main properties of index numbers. As always, we solved exercises.

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