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Material Detail

Purchasing Power Parity Using The Big Mac Index

Purchasing Power Parity Using The Big Mac Index

This lesson plan uses the Big Mac Index, which was first created in September 1986 by The Economist as a relatively simple way to calculate the over- and under-valuation of currencies against the dollar and help students understand exchange rates. This lesson plan is an enjoyable way for to learn about purchasing power parity
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More about this material

Material Type:
Reference Material
Date Added to MERLOT:
May 9, 2000
Date Modified in MERLOT:
July 24, 2018
Author:
 
Submitter:
Cathy Swift
Asian American, Native American, Pacific Islander Serving Institution Hispanic Serving Institution
Primary Audience:
College General Ed
Mobile Compatibility:
Not specified at this time
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
No
Creative Commons:
No

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C. M. Roche
C. M. Roche (Faculty)
12 years ago
Even though it was developed for high school students, I think the site could be used in international business in college.