L5/P7: Inflation: WPI, CPI, IIP theory and Survey Analysis; BalticDry, OBICUS,ASI

🔖Coupon Code: 'Mrunal.org' gives extra discount for 👨‍🏫 Mrunal's New UPSC Prelims & Mains Courses at https://unacademy.com/@mrunal.org 📢Features of Mrunal's Economy Course at Unacademy: 1) 👨‍🏫 Weekly live classes @night even Working Professional can attend 2) 🆎 Updated Powerpoints with latest budgets, economic surveys & current Affairs of Economy 3) 📑 500+ pages Rapid revision handouts, covering both Prelims & Mains, incl. Hindi translation for important terminologies. No need to purchase separate books / NCERTs. 4) 🔠 Weekly Quiz with ranking system 5) 💬 Weekly Doubt Solution to your queries. Language: Hindi, Topics Covered: 1. Index theory: Laspeyeres index, Paasche index and fischer index. 2. IIP- index of industrial production. Who calculates? Base year? 3 categories, 8 core industries, trend analyses from economic survey 3. WPI- wholesale price index. Who calculates? Base year? Three categories- primary articles, fuel, manufactured goods and weight assigned to each. 4. Difference between headline inflation and core inflation 5. CPI- Consumer price index. Who calculates? Base year? 6 categories and weight assigned to each of them. 6. CSO’s reform in calculation of consumer price index (CPI) from February 2015. 7. Trend of inflation during last few years. 8. Why has inflation declined in recent times? 9. Price stabilisation fund- who operates it? Salient features and purpose. 10. Misc. indexes 11. Producer’s price index to replace wholesale price index 12. Index of service production and its four categories. 13. Baltic dry index and its interpretation. 14. RBI’s inflation expectations survey for households. 15. RBI’s OBICUS survey 16. CSO’s annual survey of industries (ASI) 17. SBI composite index- features, interpretation. 18. Next lecture will be on foreign trade policy 2015 and related issues from budget and economic survey. Powerpoint available at http://Mrunal.org/download Exam-Utility: UPSC CSAT, Prelims, Mains, CDS, CAPF, Bank, RBI, IBPS, SSC and other competitive exams, IIM, XLRI, MBA interviews and GDPI Faculty Name: Mrunal Patel Venue: Sardar Patel Institute of Public Administration (SPIPA), Satellite, Ahmedabad, Gujarat,India