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Index numbers and the base year

Index numbers and the base year

An index number expresses a variable relative to a chosen base year. The base year is set equal to 100, allowing changes over time to be compared easily.

2.1.3 Uses of index numbers Lesson

  1. A Level
  2. /Economics
  3. /2.1.3 Uses of index numbers

Step-by-step lessons on AQA A Level Economics 2.1.3 Uses of index numbers. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons