Chapter 24: Measuring the Cost of Living
The Consumer Price Index (CPI) 1:30
Calculating the CPI 3:34
Numerical example 9:46
Using the CPI to calculate the inflation rate 16:03
Problems with using the CPI 20:45
The CPI vs the GDP deflator 32:06
How to adjust for inflation 34:56
Indexation 42:28
Real and nominal interest rates 44:23
Пікірлер: 50
i found these lectures so helpful but was disappointed to find how less appreciation he is getting, the numbers of like does not justify his hard work.
@pinglu1510
Жыл бұрын
You can donate money if you want
@AdilAkylov22
Жыл бұрын
@@pinglu1510 i already asked him about donations, he do not accept any
@asbinchhetri8956
13 сағат бұрын
Good
This tutor is a legend in a couple of ways including; the tutorial is quiet easily intelligible, has a lot of employable information, fits to various programs of study even those that do not particularly measure economics but still find legible information from within and many. Economics is becoming more easier with deeds like this one.
Thank you so much, you have no idea how much these videos are saving my grades
@DrAzevedoEcon
4 күн бұрын
I'm glad you've found them helpful!
Thank you for your work! This helps people a lot
Thankyou Dr you’ve been a great a help to me and a great teacher. Learned a lot from you.
u make it interested to learn, thank you a million!
Thank You So Much Professor Azevedo
Loved this video. Very helpful and easy to follow !
Excellently explained !!
@DrAzevedoEcon
Жыл бұрын
Glad to help!
Thank you so much Dr Azevedo, your videos have really been of great help. All the way from Lesotho
Thank you sir you are a legend
amazing video as always!
ur a life saver prof
thank you so much 🙏🏻🙏🏻
Thank you for the video. Your videos always help me and this one will do the same.
@DrAzevedoEcon
Жыл бұрын
You're welcome!
@imlynhh652
Жыл бұрын
@@DrAzevedoEcon thank you so much, I'm a Vietnamese student studying the Book of Mankiw and your videos do help me a lot. I can easily repeat your lecture to understand something that I've missed in class. Thank you! Appreciate your effort.
Thank you so much. I used to watch your videos for my MBA studies.
@DrAzevedoEcon
Жыл бұрын
Happy to help!
Thank you professor, you helped me a lot.
@DrAzevedoEcon
11 ай бұрын
Always glad to help!
I got 'A' in my economics exams because of been watching the video if without reading textbook......i really appreciate you sir🎉❤🎉🎉🎉
@BandileMfeka
9 ай бұрын
Thank you Dr you're really helping us
@DrAzevedoEcon
9 ай бұрын
I'm very happy to have helped! Thanks for watching!
Such wonderful teaching
@DrAzevedoEcon
Жыл бұрын
Thank you!
reissss adammmsinnn
Awesome
Very helpful 🙂👍
@DrAzevedoEcon
Жыл бұрын
Glad to help!
How do you calculate CPI2018, 1931?
Thank you so much for these lectures! this has helped me an incredible amount through my macroeconomics course. Just a question, in my version of the textbook this is chapter 6 for me. For chapter 7 it's called "production and growth', do you have a lecture like this already uploaded? Thanks again!!
amazing :)
@DrAzevedoEcon
13 күн бұрын
Thank you!
thank you doctor but can you add some video about excercises, i really hope that you read my comment thank you alot doctor.
why we change the base year ?
chapter 25 is hidden?
you saved me
Hello professor, pls I need an answer to this question real quick, pls what should I do when a fix basket is not given and I was given different quantities on the various year? My learning mate thinks we need to just use the quantity given for various years but I keep saying we need to use the quantity of the base year as the fix basket Pls what is your final judgement on this Hoping to get a feedback soon Thank you
@DrAzevedoEcon
9 ай бұрын
If the quantities change from one year to the next and you aren't given any information on what to use for the basket, then one option would be to use the quantities from the base year.
What is the difference between standard of living and cost of living
@DrAzevedoEcon
Жыл бұрын
They are closely related. Standard of living simply refers to the quality of lifestyle that you experience, while cost of living refers to how much it cost to achieve that lifestyle.
42:10 my Turkish ass is laughing
@DrAzevedoEcon
4 ай бұрын
That didn't age very well given recent history, did it.
20:12 labour☠️