The degree to which income is distributed unequally in an economy or population; income inequality can be illustrated using a Lorenz Curve and measured using the Gini coefficient.
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Teaching Labour Market Economics at A Level - Course Resource Pack
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Teaching Labour Market Economics at A Level - Course Resource Pack
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Inequality Pyramid
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Inequality Pyramid
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Lorenz Curve Analysis
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Lorenz Curve Analysis
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From the Blog
Related topics
- Elasticity of labour demand
- Income effect (of labour supply)
- Informal labour markets
- Labour
- Labour market failure
- Labour market flexibility
- Labour supply (to an industry / occupation)
- Lorenz Curve
- Monopsony employer
- Perfectly competitive labour market
- Skills shortage
- Supply-side policies
- Wealth inequality
- Zero hours contracts
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A Level Economics Strong Foundations Workshops
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