PPT-Module 16: Price Index Session II

2 Contents Session II Composite Price Index Unweighted composite index Weighted composite index Important terms Base period year price reference period weight reference period.  . Mark Carney. Governor of The Bank of Canada. Inflation. refers to the general rise in prices from year to year.. Statistics Canada measures inflation using the CPI, which tracks price changes in consumer goods.. 2. Contents – Session VII. Product and outlet selection. Product specification. Initial choice. Organising data collection. Method of collection. Frequency and timing. Dealing with missing price data . 2. Contents – Session V. Construction of Price Index – Part II. General . Procedure of Index Aggregation. Choice . of base . period. . General . Procedure of Index Aggregation. Computation of price relatives. 2. Contents – Session III. Index number formula. Simple index: . Dutot. ,. Carli and Jevon. Weighted index: . Lowe. ,. . Laspeyres. ,. . Paashe’s. . and. Fischer’s. . Price Index – Formula . 2. Contents – Session I. Introduction. . – purpose and use of Price Index. What . is an Index number . Aggregate . index. . Introduction – Purpose and Use. What is Price Index?. Main uses. Common price indices. Index. Session IV. 3. Contents – Session IV. Constructing Price Index . - Part I. Issues . involved. . Price Index . – Purpose,. . Scope and Coverage. Periodicity and Timeliness. . Constructing Price . 8/23/12. Module 3: Session 4. 1. Develop a revenue variance report. Identify possible actions on revenue variances. Develop a strategic profit budget . Session Objectives . 8/23/12. Module 3: Session 4. Purpose . of Business Enterprises. By the end of the session participants should be able; . To recall the nature, type and purpose of business enterprises. Explain the limited liability company as a preferred vehicle in commercial business such... . Module 4: Session 1. 1. 8/28/12. Introduce module four. Recap of the introductory module - understanding the concept of business. Identify . challenges faced in raising startup capital for a business.. 2. Contents – Session VII. Product and outlet selection. Product specification. Initial choice. Organising data collection. Method of collection. Frequency and timing. Dealing with missing price data . 8/1/12. Module 1: Session 6. 1. Introduce the concept of budgetary planning and control. Influence attitudes from incremental to zero or activity based budgeting.. Demonstrate the basic application of variances and variance analysis e.g. Total,... Module 5: Session 5. 1. To make long term performance projections. To make long term cash flow projections. To differentiate between long term profits and cash using profit and cash flow projections . Index. Session IV. 3. Contents – Session IV. Constructing Price Index . - Part I. Issues . involved. . Price Index . – Purpose,. . Scope and Coverage. Periodicity and Timeliness. . Constructing Price . Index. Session VI. 3. Contents . – Session VI. Construction of Price Index – Part . II. I. Basket . and its structure. use of standard classifications . Weighting structure . source of . data . price and other updating of weights.