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MERLOT II

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Purchasing Power Parity Using The Big Mac Index

        

Purchasing Power Parity Using The Big Mac Index

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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
Material Type: Reference Material
Date Added to MERLOT: May 09, 2000
Date Modified in MERLOT: March 17, 2010
Author:
Send email to macdonald@StCloudState.edu
Submitter: Cathy Swift

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Primary Audience: College General Ed
Mobile Compatibility: Not specified at this time
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Creative Commons: unsure

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Avatar for C. M. Roche
5 years ago

C. M. Roche (Faculty)

Even though it was developed for high school students, I think the site could be used in international business in college.