• Economic development is multidimensional and cannot be captured by income alone
• Development includes living standards, health, education, inequality, energy use, and environmental outcomes
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Start with the concept explanation, then practise to create mastery evidence.
2
Learning objective
4.8.2—Single development indicators
New
• Single indicators include GDP or GNI per capita at PPP
• Other indicators include health, education, inequality, energy, and environmental indicators
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Start with the concept explanation, then practise to create mastery evidence.
3
Learning objective
4.8.3—Composite development indicators
New
• Composite indicators include Human Development Index (HDI), Gender Inequality Index (GII), Inequality adjusted Human Development Index (IHDI), and Happy Planet Index
• Composite measures combine multiple dimensions of development
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Mistakes
Start with the concept explanation, then practise to create mastery evidence.
4
Learning objective
4.8.4—Evaluating development measures
New
• Measurement approaches have strengths and limitations
• Economic growth and economic development may be related but are not identical
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Mistakes
Start with the concept explanation, then practise to create mastery evidence.