IB Economics HL 3.4.6 Impacts of inequality
IB Economics HL 3.4.6 Impacts of inequality
Students practise evaluating how unequal income distribution affects economic development using real-world data and economic theory.
How this is tested
- interpret Gini or Lorenz data to assess how inequality affects human capital investment
- link unequal income distribution to reduced aggregate demand, lower savings by low-income households,