Economics B A-Level
Percentage change between index numbers
What Percentage change between index numbers means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Percentage change between index numbers
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Reference: Pearson Edexcel
Found using the formula ((New Index - Old Index) / Old Index) × 100 when comparing two non-base years.
Topics that use Percentage change between index numbers
- Growing economies (Pearson Edexcel A-Level)
Related terms
- Base year
- Demand-pull inflation
- Economic growth
- Emerging markets
- Foreign direct investment (FDI)
- Income inequality
- Index numbers
- International trade
Using Percentage change between index numbers in the exam
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