A.11 Laspeyres index | Consumption - Microeconomics
Learn more: www.policonomics.com/laspeyres...
This video helps understand how the Laspeyres index and the compensated variation work. We start by analyzing the Laspeyres index analytically, then use a graphical representation to explain what the compensated variation is.
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The Laspeyres index is one of many price indices that help us monitor changes in price levels over time. Want to learn more about the Laspeyres index and the compensated variation? Watch our video: A.11 Laspeyres index | Consumption - Microeconomics Learn, and enjoy!
perfect! I need this in my master course
fucking unclear. had no help for me