The EzyEducation website uses cookies to help ensure we give you the best experience.
If you continue without changing your settings, we assume that you are happy to receive all cookies on the EzyEducation website.
Please refer to our Privacy and Cookies Statement to

find out more.


Economics Year 13 revision Day 30 - Income Inequality and Poverty

Economics Year 13 revision Day 30 - Income Inequality and Poverty

On day 30 of the Year 13 Recap we review the material relating to inequality and poverty.

Inequality and poverty are politically charged topics because they relate to the consequences of bad policy decisions and allocative inefficiency.

Even though inequality is not a traditional macroeconomic objective for governments, it has become the “unofficial” fifth macro objective due to the importance of this issue for many people. Therefore, when policymakers are introducing a new policy or looking at adapting an existing one, a significant amount of emphasis needs to be placed on the impact this will have on the distribution of income and wealth.

Here Jack guides you through the revision slide on inequality and poverty:


The importance of scaffolding
Economics Year 13 revision Day 29 - Development Ec...


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Saturday, 02 July 2022
Forgot your password?