And miles to go before I sleep.....And miles to go before I sleep.
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      • 2.1 Markets
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      • 13 Indices
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 13
​                   Macro Indices

Home
99
330 Big Ideas 3.3
IBQ
  13 Indices
  1. CPI (inflation) (3.3-100)
  2. OECD Better Life Index (3.1-88)
  3. Happiness Index (3.1-88)
  4. Happy Planet Index (3.1-88) (4.8-172)
  5. Human Development Index (HDI) (4.8-172)
  6. Multi Dimensional Poverty Index (3.4-108)
  7. Gini Coefficient index (Lorenz Curve) (3.4-106)
  8. Producer Price index (NOT IN SYLLABUS, BUT USEFUL)
  9. Consumer confidence index      (3.2-90) (3.5-121)
  10. Business confidence index  (3.2-90) (3.5-121)
  11. ​(GII) Gender Inequality Index (4.8-172)
  12. (IHDI) Inequality Adjusted Human Development Index (4.8-172)
  13. (PPP) BIG MAC INDEX  (3.1-85) (4.5-155)
  • ​
VID 11: How to calculate an index?
IBQ HP3 Inflation (see Q3)
IBQ HP3 Income Taxes (see Q3)
VID 1: The Great Recession
VID 2: Rich country = Happy Country?
Picture
VID 4: Happy Planet Index
German Unemployment 2010-2017
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What is an index?

In economics an index takes 2 numbers and expresses the change between the 2 numbers in percentage terms.

​An index takes original data e.g. basket price of goods in an economy and expresses this original data as the base year. (This is equal to 100.) The new price for the Basket  is then used to calculate a percentage change. Take the  New basket price, subtract the Base Year price and divide this number by the Base year price . This number is then multiplied by 100 to get a percentage change. 
VID 8: MDI (Multi Dimensional Poverty Index)
Welker@AS+AD
VID 3: OECD Better Life Index
VID 4: CPI - Consumer Price Index?
VID 3: Happiness Index
VID 5: HDI (Human Development Index)
VID 10: Business Confidence Index
VID 8: Producer Price Index
VID 13: Big Mac Index
​ VID 10: Gini Coefficient (Index)
VID 9: Consumer Confidence Index

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