A step-by-step example of how to calculate the Consumer Price Index and use CPI to calculate the Inflation Rate for each year.
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📚 FUNDAMENTALS OF DEMAND AND SUPPLY
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This is a FREE ebook written by me. It is a 122-page book written to provide you with proficiency in Demand-Supply analysis; in-depth knowledge and a strong foundation in Economics, Mathematical-Economics, and Economics-related courses.
It is fine-tailored to help you pass your Economics courses, excellently! The knowledge in it helped me graduate with a 3.86/4.00 CGPA (96.5%), High Honors (First Class) in Economics at Eastern Mediterranean University, and a 4.00/4.00 CGPA (100%) in my Master's Degree in Economics. The book contains my knowledge and understanding written to help you also succeed. It is also very suitable for high school students (or secondary school students).
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⌚️ Timestamps:
0:00 - Intro
0:11 - The 6 Steps
1:27 - Cost of Basket
6:33 - CPI - Consumer Price Index
11:32 - CPI: Note
12:11 - Inflation Rate
17:38 - Outro
WHO AM I?
Hey there, 👋 I'm Musa. I recently just finished my Masters Program in Economics at Eastern Mediterranean University. I graduated (in February 2024) with a 4.00/4.00 CGPA.
My Thesis topic is: "The Impact of Government Expenditure on Economic Growth and Inflation Rate in Nigeria." The data used were from the year 1981 to 2022, (42 years). The Methodology was ADF-Test, ARDL/ARDL Bounds Test, and Granger Causality Test. If you are interested in reading about my Thesis, you can download it for free by clicking this link: www.musanectar.com/thesis
Upon finishing my Masters Degree, I formed COTUAL LLC, a digital marketing company. We focus on how to use digital marketing to achieve financial success. To learn more, visit: www.cotual.com/
Digital Marketing is my current focus, however, I still create videos on Economics videos on the side. Because "the knowledge is in my head, there's no point in letting it sit there, so it's best to let others benefit from it."
Kindly subscribe to the channel and help us grow, it will warm my heart! 🤗
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31 июл 2024
