Posts Tagged ‘Big Mac Index’

  • Everyday Economics — Sunday Chart of the Week

    Hamburger Economics

    Aug 3, 14 • 383 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]

  • McDonald's Delivers in Many Developing Nations.

    Emerging Markets: Brazil’s Big Mac

    Jul 2, 13 • 331 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]

  • McDonald's Delivers in Many Developing Nations.

    Purchasing Power

    Feb 22, 13 • 382 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 • 339 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]

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    African Notes

    Sep 30, 11 • 244 Views • No Comments

    If you were asked to select the world’s fastest growing economies, maybe you would place China at the top of your list.  This Economist Daily Chart sums it all up. 6 of the world’s fastest growing economies, 2001-2010, are located in...  [read more]