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Books > Business & Economics > Economics > Macroeconomics
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Inflation - History and Measurement (Hardcover, 1st ed. 2017)
Loot Price: R4,141
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Inflation - History and Measurement (Hardcover, 1st ed. 2017)
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This book is an introduction to the history of - and current
measurement practice of - inflation for the United Kingdom. The
authors describe the historical development of inflation measures
in a global context, and do so without using formal mathematical
language and related jargon that relates only to a few specialist
scholars. Although inflation is a widely used and quoted statistic,
and despite the important role inflation plays in real people's
lives - through pension uprating, train tickets, interest rates and
the work of economists - few people understand how it is created.
O'Neill, Ralph and Smith mix historical data with a description of
practices inside the UK statistical system and abroad, which will
aid understanding of how this important economic statistic is
produced, and the important and controversial choices that
statisticians have made over time.
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