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Room 1.305, Newport

Newport, United Kingdom

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Event description

Description

THIS IS AN ONS EVENT ONLY

Aims

To introduce participants to:

  • the theoretical background to index numbers
  • index number techniques used in practice
  • aspects of the Consumer Prices Index (CPI)

 Objectives

By the end of the course, participants will be able to understand:

  • the definitions of value and value share
  • Laspeyres and Paasche indices
  • how to choose an index formula
  • what domains and aggregation are
  • the definitions of deflation, referencing and linking
  • the aspects of the Consumer Prices Index (CPI)
  • the wider uses of index numbers

 

Duration: 1.5 days

Prerequisites: Level 2 – A degree in Mathematics or Statistics, or a good working knowledge of the subject.

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Location

Room 1.305, Newport

Newport, United Kingdom

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