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Index-number foundations

Unit 8: Index NumbersTopic 1 of 6
Browse the Business Statistics syllabus

Business Statistics

13 units
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What the syllabus expects

  • Meaning and types
  • General construction rules and problems

Index-number foundations

Bachelor of Business Studies (BBS) — First Year

Subject: Business Statistics (MGT 202)

Unit 8: Index Numbers

Academic Year: 2083/84

Topic Objectives

After studying this topic, students should be able to:

  • Explain the scope and key elements of index-number foundations.
  • Select suitable statistical procedures, carry out calculations and interpret business results.

Curriculum Scope

  • Meaning and types
  • General construction rules and problems

Detailed Microsyllabus

  1. Index-number foundations

    1. Meaning and purpose of index numbers.
    2. Price, quantity and value indices.
    3. Base and current periods.

  2. Construction rules and problems

    1. Choice of base, items, prices and weights.
    2. Representativeness and comparability.
    3. Interpret changes without ignoring data and design limitations.

Curriculum reference: Tribhuvan University, Faculty of Management, BBS curriculum with first-year syllabus, PDF pages 14-16.

Source note: The curriculum scope above is retained from the existing TU syllabus breakdown. The numbered study subtopics are editorial elaborations for teaching and study, rather than a separately issued TU syllabus. Unit lecture hours apply to the whole unit; no separate topic hours or marks are assigned here.