In this lecture, we will understand the concept, definition and use of Index Numbers.
In this lecture, we will understand the problems involved in the construction of Index Numbers.
In this lecture, we will understand the notations, terminologies and Methods in the Construction of Index Numbers.
In this lecture, we will learn two methods of developing Simple or unweighted Price Index Numbers.
In this lecture, we will learn weighted Price Index Numbers using aggregate method.
In this lecture, we will illustrate some examples to find weighted Price Index Numbers using aggregate method.
In this lecture, we will learn weighted average of relatives method to develop Price Index Numbers.
In this lecture, we will learn how to find Quantity Index Numbers using different methods.
In this lecture, we will illustrate some other examples to find Index Numbers.