Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...

Purchasing power is the value of a currency in real terms—based on the goods and services each unit can be exchanged for. Remember when you could buy two Mcdonald's Big Macs with a $5 bill in 2000?

The course introduces the concepts, data requirements, methodology, uses, and applications of Purchasing Power Parities (PPPs). It also introduces the International Comparison Program (ICP), a global ...