Posts Tagged ‘Big Mac Index’

  • Everyday economics and Big Mac prices in different countries provide a guide to foreign exchange fluctuation.

    Where to Spend the Most on a Big Mac

    Feb 8, 15 • 514 Views • No Comments

    Displaying foreign exchange fluctuation, the price of a Big Mac in different countries can be compared to show if a currency is over- or undervalued....  [read more]

  • Everyday Economics — Oil stories

    Hamburger Economics

    Aug 3, 14 • 598 Views • No Comments

    Our Sunday Charts The 2014 Big Mac Index is out and not much has changed. Norway’s Big Macs are most expensive and Chinese Big Macs are cheap. As The Economist explains, starting in 1986, they wanted to take a lighthearted look at whether currencies...  [read more]

  • Everyday economics and Shake Shack

    Emerging Markets: Brazil’s Big Mac

    Jul 2, 13 • 441 Views • No Comments

    The price of a Big Mac can explain some of Brazil’s problems. But first, I wanted to share some insight about Brazil from financial writer James Surowiecki. In emerging markets like Brazil’s, the problems start when GDP rises, people earn more and...  [read more]

  • Everyday economics and Shake Shack

    Purchasing Power

    Feb 22, 13 • 531 Views • 1 Comment

    The Big Mac Index is out again and not much has changed. Norway’s Big Macs are expensive and Chinese Big Macs are cheap. What do Big Mac prices tell us about purchasing power? Starting with an average U.S. price of $4.37, we can determine whether other...  [read more]

  • Big Macs and Currency Manipulators

    Oct 24, 12 • 434 Views • No Comments

    In China, a Big Mac costs close to the equivalent of $2.44. That same burger in the US is $4.20. The basic idea is PPP, purchasing power parity. The dollar can buy more when the yuan is undervalued. And President Obama and Governor Romney have both indicated...  [read more]