2.2 lorenz curve (class 2)

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Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 26 slides, met tekstslides en 1 video.

time-iconLesduur is: 45 min

Onderdelen in deze les

Slide 1 - Tekstslide

Hi there!

Slide 2 - Tekstslide

Income distribution

Slide 3 - Tekstslide

Program
1. Recap previous class + homework
2. Explanation
3. Assignments 

Slide 4 - Tekstslide

Lesson goals
At the end of the class you are:
- able to explain what you can do with a Lorenz curve
- able to draw a Lorenz curve
- able to explain what prosperity means
- Explain what GDP and growth rates standr 

Slide 5 - Tekstslide

Impact for the Dutch Lorenz curve...

Slide 6 - Tekstslide

Lorenz curve
A lorenz curve shows how big the income differences are between households

Slide 7 - Tekstslide

Lorenzcurve

Slide 8 - Tekstslide

Cumulatief  % inkomen
Cumulatief % huishouden
 

Horizontal axe shows the cummulative percentage of households 

Vertical axe  shows the cumulative percentage of incomes

Lorenzcurve starts always with (0,0) because 0% of the population makes 0% of the income


Lorenzcurve

Slide 9 - Tekstslide

Drawing with a table
Cummulative: adding up group percentages. You add up the percentages from low to high  

Slide 10 - Tekstslide

Stappenplan tekenen Lorenzcurve
stap 1
Verdeel de inkomens in gelijke groepen (Op de toets wordt dit voor je gedaan).
stap 2
Je berekent hoeveel % elke groep van het totaal aantal groepen bestaat. Je berekent ook hoeveel % het inkomen per groep van het totale inkomen bedraagd. Dit doe je met de formule: deel/geheel*100%
Stap 3
Je cumuleert de percentages van de groepen en het inkomen. Je telt dus de percentages van laag naar hoog in stapjes bij elkaar op. 
Stap 4
Teken de Lorenzcurve met behulp van de cumulatieve percentages. (assenverdeling horizontaal en verticaal 1cm = 10%)

Slide 11 - Tekstslide

Lorenzcurve

Slide 12 - Tekstslide

Assignments
Discuss 2.10  + 2.11

Slide 13 - Tekstslide

Is the level of your income important?
How much does Harry Styles earn per month?


Slide 14 - Tekstslide

Slide 15 - Tekstslide

Is the level of your income important?
Everybody wants to reach the highest possible prosperity

Prosperity = degree to which people can meet their needs

The GDP (Gross Domestic Product) is used since the 1930s to meet the change in prosperity

Slide 16 - Tekstslide

Is the level of your income important?
GDP = value of total production of a country 

Economists assume prosperity increases when the per capita GDP increases

Slide 17 - Tekstslide

Slide 18 - Link

Is the level of your income important?
When looking at GDP it is important to look at the changes as well compared to the previous year

Growth rates = % change compared to previous year

Slide 19 - Tekstslide

Is the level of your income important?
Which important this are not included in the GDP (when looking at how "well" a country is doing?)


Slide 20 - Tekstslide

Is the level of your income important?
Which important this are not included in the GDP (when looking at how "well" a country is doing?)

Topics not included: environment, health, happiness, income differences, etc.. 



Slide 21 - Tekstslide

Is the level of your income important?
The Human Developement Index (HDI) has been introduced..

GDP, but as well looked at the level of education and life expectancy in a country

Slide 22 - Tekstslide

Is the level of your income important?
What does prosperity stand for?

What do we measure with the GDP?

What do we measure with the HDI?

Slide 23 - Tekstslide

Assignments
2.12 tm 2.15

Done? Make the test of the wildlife fund of 2.16

Slide 24 - Tekstslide

Slide 25 - Video

Lesson goals
At the end of the class you are:
- able to explain what you can do with a Lorenz curve
- able to draw a Lorenz curve
- able to explain what prosperity means
- Explain what GDP and growth rates standr 

Slide 26 - Tekstslide