The story
Blend of burger + economics, equivalent to burger + -nomics, coined in The Economist in 1986 by Pam Woodall with the introduction of the Big Mac Index.
Etymology from Wiktionary, CC BY-SA 4.0.
Today it means: An informal measurement of the purchasing power parity between currencies, based on the price of a Big Mac in various countries. Full definition →
Blend of burger + economics, equivalent to burger + -nomics, coined in The Economist in 1986 by Pam Woodall with the introduction of the Big Mac Index.
Etymology from Wiktionary, CC BY-SA 4.0.