ECONOMICS
Topic 3: Economic Issues
Students learn to:
Examine economic issues
- investigate recent trends in the distribution of income in Australia and identify the impact of specific economic policies on this distribution.
Apply economic skills
- interpret a Lorenz curve and a Gini coefficient for the distribution of income in an economy.
Students learn about:
Distribution of income and wealth
- measurement – Lorenz curve and Gini coefficient
- dimensions and trends, according to gender, age, occupation, ethnic background and family structure.