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Module. Micro: Econ:. 42. 78. Income Distribution and Income Inequality. KRUGMAN'S MICROECONOMICS for AP*. Margaret Ray and David Anderson. What you will learn in this Module :. What defines poverty, what causes poverty, and the consequences of poverty.
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Module Micro: Econ: 42 78 Income Distribution and Income Inequality • KRUGMAN'S • MICROECONOMICS for AP* Margaret Ray and David Anderson
What you will learnin thisModule: • What defines poverty, what causes poverty, and the consequences of poverty. • How income inequality in America has changed over time. • How programs like Social Security affect poverty and income inequality.
Poverty • Trends in poverty • Who is poor? • Causes of poverty • Consequences of poverty
Income Inequality • Using quintiles to analyze income distribution • The Gini coefficient
Economic Insecurity In addition to the problem of poverty, we are concerned with the possibility that people or families can fall into poverty due to unanticipated events.
U.S. Antipoverty Programs • Means-tested • Social Security and unemployment insurance • The effects of programs on poverty
The Debate Over Income Redistribution • Problems with income redistribution • The politics of income redistribution