Alternative methods of growth and standards of living

HideShow resource information
View mindmap
  • Alternative methods of measuring growth and SofL
    • The Human Development Index
      • Life expectancy
        • Longevity
      • Knowledge
        • adult literacy rate
      • Decent SofL
        • Untitled
    • The Human Poverty Index
      • Uses the same 3 measures as HDI plus an index that focuses on deprivation
        • probability of not surviving
    • The Index of Sustainable economic welfare
      • Measures the part of economic activity which really increases our quality of life
    • Life survey indicator
      • Tries to asses how satisfied people are with their lives
        • Often shows the correlation between income/ wealth and satisfaction
    • Misery index
      • tries to measure misery
        • Un rate
        • Inflation rate
        • Short run interest rate

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Standards of living resources »