Question

This week, we cover Income Distribution. Respond to the following questions. Note: Each response should only be 3 - 5 sentences.  

1. What surprised you most while learning about this topic, and why?
2. What was the most important thing to you that you learned from this topic? Why do you think it's most important?
3. What one question remains uppermost in your mind?
4. How is what you learned this week relevant to you in your life (outside of class!)
5. What made you curious about this topic – what did you want to learn more about and why?

Answer 1

Income distribution as tppic is always surprising largely for fact that it is unequal and distorted tiwards richer sections more than poorer sections.

Important learning here is income inequality arising out of income distribution and patterns of distribution in emerging economies.

Uppermost questions regarding invome distribution is method of calculations adopted amd analysis of economic purchasing power.

Curiously this topic is interesting as it helps analyse what percentage of GDP is contributing by ecah income segment and how it is distributed. This calls for further learning and hypothesis testing.

Income distribution is best learnt by analysis of patterns in various regions and cause and effects underlying them which gives an elaborate evaluation as to what factors affect it and their subsequent implications on economic growth using time series plots.

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