Good exercise, Chris, as it's a combination of a variety of types and levels
of learning. As a matter of interest, I like to see exercises like this that
are used on day one repeated on or near the last day: do you do this?: if
so, what do you find, if anything, has changed between their ears in the
intervening period?
Duncan Williamson
-----Original Message-----
From: Economics, business, and related subjects
[mailto:[log in to unmask]] On Behalf Of Chris Rodda
Sent: 11 June 2003 12:57
To: [log in to unmask]
Subject: Re: How to use equity in economics
I use this brilliant exercise as a self contained exercise on the very
first day of the course ( I wrote it!). You might at first think its
about Lorenz curves - it isn't. The data used is the most recent world
data available. You might ask students how come it is the
most recent data too. This exercise is about how the worlds income is
divided and about value judgements and positive economics.
Why is it relevant on the first day? Because Economics is about how we
share things out - and thats why it belongs on day 1, not tucked away
in the second year. please have a look!
www.cr1.dircon.co.uk/pdffiles/Lorenz.pdf
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