Index Number and Theory:Tutorial
Semester 2: Tutorial
The goal of the course is to acquaint students with a variety of useful
tools used in applied economics and econometrics. The main topics to be
covered are following topic about Index Number and Theory.:
Early Approaches To Index Number Theory
Functional Equations
The Axiomatic Approach to Bilateral Index Number Theory
The Theory of the Cost of Living Index: The Single Consumer Case
The Theory of the Cost of Living Index: The Many Consumer Case Problems with the Theory of the Cost of Living Index
Problems with the Theory of the Cost of Living Index
The Use of Annual Weights in a Monthly Index
Fixed Base versus Chained Indexes
Two Stage Aggregation and Homogeneous Weak Separability
Elementary Indexes
Alternative Index Number Formulae using an Artificial Data Set
The Treatment of Owner Occupied Housing and Other Durables in a Consumer Price Index
The Economic Approach to the Producer Price Index
PPI Index Number Computations Using an Artificial Data Set
The Treatment of Seasonal Products
Appendix
Index NumberPast Progress and Problems for the Future
