Labor Markets and Inequality · Microeconomics

Poverty and Inequality

Distinguishing between absolute and relative poverty and assessing methods of redistribution.

Key Questions

  1. 1What incentives are lost or gained through progressive taxation?
  2. 2How does the Lorenz curve visualize the trade-off between equity and efficiency?
  3. 3Who benefits most from a universal basic income policy?

National Curriculum Attainment Targets

A-Level: Economics - Poverty and InequalityA-Level: Economics - Distribution of Income and Wealth
Year: Year 13
Subject: Economics
Unit: Labor Markets and Inequality
Period: Microeconomics

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