2.2 lorenz curve (class 6 - 2024)

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Slide 1: Tekstslide
EconomieMiddelbare schoolhavoLeerjaar 3

In deze les zitten 16 slides, met interactieve quiz, tekstslides en 1 video.

time-iconLesduur is: 45 min

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Slide 1 - Tekstslide

Program
1. Recap previous class + homework
2. Short explanation + assignment

Slide 2 - Tekstslide

Program
After today 1 more class before the test

Slide 3 - Tekstslide

Which important factors are not included when calculating the GDP of a country?

Slide 4 - Open vraag

Slide 5 - Video

Lesson goals
At the end of the class you are:

- able to explain what prosperity means
- Explain what GDP and growth rates stand for
- Know what to do to prepare for the test

Slide 6 - Tekstslide

Lorenzcurve

Slide 7 - Tekstslide

Cumulatief  % inkomen
Cumulatief % huishouden
 

Horizontal axe shows the cummulative percentage of households 

Vertical axe  shows the cumulative percentage of incomes

Lorenzcurve starts always with (0,0) because 0% of the population makes 0% of the income


Lorenzcurve

Slide 8 - Tekstslide

Assignments
Discuss and check assignments 2.10 tm 2.15 

Homework CHECK

Slide 9 - Tekstslide

Slide 10 - Tekstslide

Building block chapter 2
Income distribution in a nursery  (p. 31)

Income for a nursery come from different categories (wages, rent, profit, etc.)


Slide 11 - Tekstslide

Building block chapter 2
If we express a quantity as a percentage of the (national) income --> the outcome is called a ratio

Wage expressed as a percentage of the total primary income of the nursery is called the wage ratio

Slide 12 - Tekstslide

Building block chapter 2
Wage ratio = wage : total income x 100%

Slide 13 - Tekstslide

Assignments
complete assignment 1 a t/m g from building block 2.1 (p. 31 + 32)

Done? Start preparing for the test

Slide 14 - Tekstslide

What do you need to know for the test?
- Understand and calculate with primary, transfer and national incomes
- Understand and exlain what is meant with GDP and the HDI (Human Development Index)
- Understand and exlain what is meant with the factors of production and link these to the right incomes
- Understand and exlain what is meant with income distribution
- Be able to draw a Lorenz curve and explain what is shown with this figure
- Understand and exlain what is meant with prosperity
- Understand and exlain what is meant with growth rates
- Calculate with big numbers


Slide 15 - Tekstslide

How to prepare for the test
Learn the theory from the book

Redo/check difficult assignments

Complete the building block assignments 

Difficult topics? --> search for an explanation video on youtube

Test is a combination of theory and calculations

Slide 16 - Tekstslide