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Posts Tagged 'national income'
National Income Quiz II
Published April 7, 2008 Economics Leave a CommentTags: national income, quiz
Mindmap for National Income
Published April 1, 2008 Economics Leave a CommentTags: mindmap, national income, Y
Here is a mindmap for revising National Income.
The mindmap is a pdf file. Print a copy for your notes.
Test your knowledge of National Income.
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UN Human Development Index 2007
Published March 9, 2008 Economics Leave a CommentTags: national income, un, welfare
GDP only measures one aspect of the welfare of a country i.e. income.
Perhaps a better method to compare countries is to look at the ‘quality of life‘ of its citizens. The United Nations use a Human Development Index to rank countries based on the following criteria:
- Life expectancy
- Adult literacy
- Average income to cover basic needs
- School enrolment
- Educational attainment
- GDP per capita
View the Human Development Index for 2007
Now compare the index for 2007 to the index for 2001 on p.243 in your text.
How has the ‘quality of life’ of Ireland’s citizens changed since 2001?
Do you consider this index to be better than GDP per capita when comparing countries?
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