Micro & Macro Aspects of Inequality | Smash A-Level Economics Paper 3 in 2024!

Paper 3 is where the top grades are secured. This session will provide you with invaluable insights into the Micro and Macro Aspects of Inequality you can use to impress the Paper 3 examiner. Don't miss this session and the others in this FREE A-Level Economics series for Paper 3.

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SESSION TIMESTAMPS
00:00 Introduction
04:29 Inequality in the global economy
05:26 Pre-distribution & re-distribution
07:59 Average pay by job in the UK
09:49 Micro policies for more equitable income distribution
13:00 Macro policies for more equitable income distribution
15:45 Working poverty in the UK (data)
16:15 Micro effects of a higher NMW
20:29 Macro effects of a higher NMW
23:27 Economics of extreme poverty
24:14 Micro effects of a rise in extreme poverty
27:33 Macro effects of a rise in extreme poverty
30:35 Explaining the Kuznets curve
34:03 Inequality & economic growth
41:15 Key points