1. Macro Analysis Group (Week 4)
By: Jeevan Parameswaran, Spencer Pettiti (VPs of Editorial
Content)
Undergraduate Economics
Association

2. Undergraduate Economics
Association

3. Undergraduate Economics
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4. Undergraduate Economics
Association

5. CPI
Stock Definition:
●
“Produces monthly data on changes in the prices paid by
urban consumers for a representative basket of goods and
services”
BLS News Release
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Can be considered a quasi cost-of-living measure
• 2 population groups:
●
CPI-U (All Urban Consumers,
87%)
●
CPI-W (Urban Wage Earners
and Clerical Workers, 32%)
●
Data is weighted based on
relevance (Consumer
Expenditure Survey)
• Usage:
●
Economic Indicator (policy
efficacy)
●
Deflator (for adjusting
economic data)
●
Income / wage bargaining
●
Undergraduate Economics
80 Million tied
5
Association
●
27 Million school lunches

6. Undergraduate Economics
Association

7. Undergraduate Economics
Association

8. Undergraduate Economics
Association

9. Undergraduate Economics
Association

10. Undergraduate Economics
Association