Home > Income Distribution > Class Videos on GDP and Standard of Living

Class Videos on GDP and Standard of Living

First, on real GDP and standard of living:

Second, growth miracles and disasters:

  • Is GDP is good measure for standard of living? Why?
  • What does GDP not measure well?
  • What usually happens to the incomes of poor people when a country’s GDP grows?
  • What does the “hockey stick” mean?
  • Which countries have similar GDP per capita but very different distributions of income?
  • What’s the difference between GDP and GDP per capita? How is GDP per capita calculated?
  • What are some example of countries that have “caught up” quickly with the countries with the highest standards of living? What are some example of countries that have not caught up?
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Categories: Income Distribution
  1. Ali
    March 17, 2016 at 1:51 am

    Thank you.

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