Posts Tagged ‘purchasing power parity’

  • 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.

    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]

  • 15783_3.22_000006909090XSmall

    Burgernomics

    Jul 25, 10 • 303 Views • No Comments

    The Big Mac Index is out again. Not much has changed. Norway’s Big Macs are most expensive and Chinese Big Macs are cheap. What do Big Mac prices tell us? Starting with an average U.S. price of $3.73 (based on 4 cities), we can determine whether...  [read more]

  • 15539_3.22_000006909090XSmall

    Hamburger Economics

    Mar 22, 10 • 561 Views • 1 Comment

    When U.S. senators consider whether to respond to an undervalued Yuan, they can check the most recent Big Mac Index.  Big Macs are 49% cheaper in China than in the U.S. According to The Economist, we would pay $3.58 for a Big Mac here and the...  [read more]

  • The Significance of a Big Mac

    Jan 7, 10 • 193 Views • No Comments

    Listening to Part 1 of...  [read more]