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The Lorenz Curve and Gini Coefficient

Jim Riley

4th May 2012

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The IB specification for 2013 states:

Analyse data on relative income shares of given percentages of the population, including deciles and quintiles. Draw a Lorenz curve and explain its significance. Explain how the Gini coefficient is derived and interpreted.

I have used the usual Blink and Dorton(Pages 250-257) to help with this but have also found a few other resources which may be of use.

Measuring_Inequality.doc

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Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.