Distribution of Income and Wealth
Examines the measurement of income and wealth inequality in Australia using the Lorenz curve and Gini coefficient. Students evaluate government policies designed to redistribute income.
About This Topic
Examines the measurement of income and wealth inequality in Australia using the Lorenz curve and Gini coefficient. Students evaluate government policies designed to redistribute income.
Key Questions
- How do we measure inequality in income and wealth?
- What are the economic and social costs of inequality?
- How does the government intervene to redistribute income?
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