Data Analysis – Converting Rates-Indices & Real-Nominal

This video is to aid you with economic coursework. When presented with data, you need to know if it needs to be altered in anyway before analysing and so I created this table to help you remember which formulas to use and when.This video is to aid you with economic coursework. When presented with data, you need to know if it needs to be altered in anyway before analysing and so I created this table to help you remember which formulas to use and when. A JPEG image of the table is also attached below.

 

 

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Measuring Inflation

This video below aims to explain how inflation is measured in 3 minutes. Hope it helps.

For more help check out Pajholden’s video out: http://www.youtube.com/watch?v=0MmOiDhYC-s&playnext_from=TL&videos=JgdHNmZkeCU&feature=rec-LGOUT-exp_fresh%2Bdiv-1r-2-HM