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Case Study

PREDICTING INFLATION THROUGH ONLINE PRICES

Banerjee Ritwik , Singhal Nished ,Subramanian Chetan, Rao Menaka
Inflation (1419), CPI, Online retail pricing index,. Median CPI

Abstract 

The case is about inflation and how it is computed in the category of food price indexes. The case also covers the tracking and the value of using price data from online sources. The case extends to understanding if it was better or not to formulate inflation through a median CPI. The case provides learning stimulations through rich data sources.

Learning Objective (maximum of 500 characters): Briefly describes teaching goals of the case.

The teaching goals of the case are as follows.

 Help students understand inflation

  • Students also understand how to calculate CPI in the category of food price indexes.
  • Students learn the value proposition and the advantages of using price data from online marketplaces.

They also understand if the online price data tracks the official CPI.

  • Pub Date:
    21 Mar 2019
  • Source:
    IIM-B
  • Discipline:
    Managerial Economics
  • Product#:
    1332
  • Keywords:
    Inflation (1419), CPI, Online retail pricing index,. Median CPI
  • Length:
    Pdf : 7 page(s) ,

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