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Sunday 30 January 2011

Unit 2/4: Inequality

The article below covers all aspects of income inequality. Read on to find out more…

This article covers all the bases on what is a potentially fascinating topic for a study of both the UK economy and those around the world.

If you take the time to read it properly, it should provide for a potentially very thought-provoking discussion of the meaning and importance of the gini coefficient and what it means for a country. To provide some international comparison, you could also make use of the graphic below, courtesy of visualeconomics.com, which also acts as a useful revision sheet/explanation of how the gini coefficient is calculated.

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