The aim of this course is to provide participants with a basic understanding of price indices, the outputs of the Prices business unit (of Statistics New Zealand) and the relationship/link to other units within Statistics New Zealand.
Prior to undertaking this course it is desirable (although not essential) that participants have attended the Introduction to Economics for Non-Economists course or have an equivalent understanding of economic concepts.At the end module I, participants should be able toUnderstand the Prices unit structure (of New Zealand) and its workDescribe what a price index is and its place in the economyExplain the basics of each price index output, including their main uses and coverage Discuss the differences between price, weight and index reference periodsInterpret price index numbers, percentage changes and index points contribution.At the end module II, participants should be able toUnderstand common index formulae and their conceptsDistinguish the differences between index formulae described in this module Describe how a index formula can be appliedUnderstand how a price index is constructedUnderstand the process of developing and maintaining a price index.Provider: Statistics New Zealand
At the end module I, participants should be able to
At the end module II, participants should be able to
Provider: Statistics New Zealand