Constructing Price IndexesDates and durationAugust 4 22, 2008 (3 weeks) Tuition$5,670 ParticipantsThis seminar is designed primarily for economists, statisticians, researchers, analysts, and managers working with price indexes. Participants should have an elementary knowledge of statistics. ObjectivesTo strengthen capabilities for the production and analysis of statistics on prices and expenditures with relation to:
Program contentThis seminar is designed to present the theory, techniques, and methodologies for planning, designing, implementing, and maintaining statistical programs for the measurement of prices and expenditures. Consumer price indexes serve a twofold purpose: as a general economic indicator of the rate of inflation in a country's economy and as a measure for adjusting wages, salaries, and other income payments to keep in step with rising prices. The indexes are useful in formulating economic policy to maintain wage and price stability, to evaluate tax proposals, and to adjust national accounts for inflation and deflation. Consumer expenditure surveys, which furnish data used in selecting and weighting item samples for consumer price indexes, provide valuable insights into the welfare of particular segments of the population and can be a source of data for family budget studies. Participants are encouraged to bring with them the following materials for use in discussions and workshops: 1) methodologies on how data related to the seminar topic are collected in their home countries; 2) questionnaires used in their countries for obtaining those data; and 3) sample publications of those data. Time will be reserved for participants to have appointments with staff of BLS and other organizations to discuss special problems and explore areas of special interest. A summary of the program follows: Consumer expenditure surveys
Consumer Price Indexes (CPI)
Producer and industrial price indexes; export and import price indexes
Techniques for analyzing data on prices and expenditures
NOTE: Participants may be interested in attending the one-week seminar on Advanced Topics on Constructing Price Indexes which immediately follows this seminar.
Last modified: November 20, 2007 |
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