A Practical Introduction to Index Numbers

Intro -- Title Page -- Copyright -- Table of Contents -- Preface -- Organisation of the book -- Additional material available online -- Suggested routes through the book -- Acknowledgements -- Chapter 1: Introduction -- 1.1 What is an index number? -- 1.2 Example - the Consumer Prices Index -- 1.3 Example - FTSE 100 -- 1.4 Example - Multidimensional Poverty Index -- 1.5 Example - Gender Inequality Index -- 1.6 Representing the world with index numbers -- 1.7 Chapter summary -- References -- Chapter 2: Index numbers and change -- 2.1 Calculating an index series from a data series -- 2.2 Calculating percentage change -- 2.3 Comparing data series with index numbers -- 2.4 Converting from an index series to a data series -- 2.5 Chapter summary -- Exercise A -- Chapter 3: Measuring inflation -- 3.1 What is inflation? -- 3.2 What are inflation measures used for and why are they important? -- 3.3 Chapter summary -- References -- Exercise B -- Chapter 4: Introducing price and quantity -- 4.1 Measuring price change -- 4.2 Simple, un-weighted indices for price change -- 4.3 Price, quantity and value -- 4.4 Example - Retail Sales Index -- 4.5 Chapter summary -- Exercise C -- Chapter 5: Laspeyres and Paasche indices -- 5.1 The Laspeyres price index -- 5.2 The Paasche price index -- 5.3 Laspeyres and Paasche quantity indices -- 5.4 Laspeyres and Paasche: mind your Ps and Qs -- 5.5 Laspeyres, Paasche and the Index Number Problem -- 5.6 Laspeyres or Paasche? -- 5.7 A more practical alternative to a Laspeyres price index? -- 5.8 Chapter summary -- References -- Exercise D -- Chapter 6: Domains and aggregation -- 6.1 Defining domains -- 6.2 Indices for domains -- 6.3 Aggregating domains -- 6.4 More complex aggregation structures -- 6.5 A note on aggregation structures in practice -- 6.6 Non-consistency in aggregation -- 6.7 Chapter summary -- Exercise E.