Lorenz Curve and Gini Coefficient - Measures of Income Inequality

  Рет қаралды 362,961

EconplusDal

EconplusDal

Күн бұрын

Пікірлер: 283
@sohierwelch2814
@sohierwelch2814 4 жыл бұрын
This man single-handedly saved my econ mark
@lukhelesibisi4061
@lukhelesibisi4061 6 жыл бұрын
one day i'll graduate and send you a cheque
@Zach98506
@Zach98506 5 жыл бұрын
Have you sent?
@zk_011
@zk_011 4 жыл бұрын
better get writing it mate
@rafikhan8846
@rafikhan8846 3 жыл бұрын
did you send it?
@mwansa157
@mwansa157 3 жыл бұрын
It's been 3 years how's it going
@lakakhahaha2423
@lakakhahaha2423 3 жыл бұрын
This could cause dependency culture tho ?
@sisipholikhayananto9194
@sisipholikhayananto9194 4 жыл бұрын
We're in lockdown and you've made more sense than my lecturer in the two weeks I've came across your videos, thank you dude
@raatkana5205
@raatkana5205 6 жыл бұрын
YOU HAVE EXPLAINED IT IN A BEST POSSIBLE WAY.... THANK YOU SIR
@jamjamvideos7953
@jamjamvideos7953 2 жыл бұрын
I literally watched this about 20 minutes before the edexcel macro paper 2, you just got me (probably) 5 marks I love you so much. Thank you.
@everythingwoohoo
@everythingwoohoo Жыл бұрын
Worded this so much better in 7 minutes than my 2 hour lecture in my econ class. Thank you
@Aurelius-VDB
@Aurelius-VDB Жыл бұрын
2 hours of econ lecture in 7 minutes. Thanx dude 😍
@realFriedrichHayek
@realFriedrichHayek 8 жыл бұрын
you deserve more likes and subs
@nidaali1637
@nidaali1637 5 жыл бұрын
Always precise and easy to remember explanation. Great teaching skills.👏👏👏
@Christine-Tina
@Christine-Tina 4 жыл бұрын
I must say, as someone having to take an Econ class for my master's degree, with no prior foundation in the matter and a not-so-skilled-at-teaching prof, you have enlightened me. A concept that I could not understand, because my prof doesn't explain things well (and his lecture slides don’t help), I now understand perfectly... through a KZbin video. Anyway, THANK YOU.
@BobThef
@BobThef 16 күн бұрын
"We are economists, we are good economists." made my day thanks
@javatitus8669
@javatitus8669 7 жыл бұрын
Your lectures are helping me greatly with my upsc prep... i dont have an eco background... thanks
@priyankatheartist8643
@priyankatheartist8643 5 жыл бұрын
Hey..have you cracked it?
@Moeyz_Abbasi
@Moeyz_Abbasi 6 ай бұрын
@@priyankatheartist8643 yes'
@Moeyz_Abbasi
@Moeyz_Abbasi 6 ай бұрын
@@priyankatheartist8643 but im currently under investigation due to corruption allegations
@ibtisam_khan
@ibtisam_khan 29 күн бұрын
hey buddy i am just curious. have uh cracked the exam ????
@manaralghamdi4781
@manaralghamdi4781 2 жыл бұрын
Thank you for this straightforward explanation. I liked giving real examples of countries so we can better understand the concepts. Keep going.
@linosimao634
@linosimao634 5 жыл бұрын
Before watching this video, i knew nothing and my test is the next day....but you just taught me all this and now i am gonna Ace this test. Thank you, you rock.
@mritunjaykumarsingh2149
@mritunjaykumarsingh2149 4 жыл бұрын
This man explains everything perfectly ♥ ☺
@chisomokhuvulo6442
@chisomokhuvulo6442 Жыл бұрын
Thanks, I was able to write my 4th year economics essay in poverty and developemnt challenges because of you only
@daveothomas
@daveothomas 2 жыл бұрын
This is the most understandable lesson I’ve ever seen, Thankyou sir dal
@parwizibrahimi5150
@parwizibrahimi5150 Жыл бұрын
A simple question? Why do university professors try to make the concepts too difficult to understand? Do they enjoy watching students struggling to understand a simple concept? I learned Gini Index in 7 minutes here in this video while I could not get anything in 2 lectures of 90 minutes each. Thanks for the best explanation in this video.
@justinyoun4712
@justinyoun4712 7 жыл бұрын
one of the most straight forward videos i have seen in a long time with clear explanations. Thank you
@JiniReddy
@JiniReddy 2 жыл бұрын
Oh my goodness, u are such a great teacher, I understood what u said 3min into this video and could answer 3 assignment questions. Brilliant 👏, thank you so very much. 😁🤗
@hayahamid999
@hayahamid999 6 жыл бұрын
Thank you for this. Almost slept 3 hours in class today because it made no sense. This is so much simpler.
@nellykimani3171
@nellykimani3171 2 жыл бұрын
This has just helped me understand much better before sitting for my exam this morning.... thanks alot
@tylerledbetter8844
@tylerledbetter8844 5 жыл бұрын
Thank you for your videos! They're helping me study for my Intermediate Micro final.
@animehub1611
@animehub1611 3 жыл бұрын
Uhhh this is macro
@abdullatifmatin7824
@abdullatifmatin7824 5 жыл бұрын
Thank you so much for making a complicated issue so simple. It really is smashing it, as you said.
@ar_my4076
@ar_my4076 4 жыл бұрын
God bless you sir....fr made it crystal clear...👌👍
@TheBarrL
@TheBarrL 3 жыл бұрын
I was so confused until I watched this video. Thanks so much!
@brandon60372
@brandon60372 4 жыл бұрын
I've been watching you for years now, and after A-levels i thought that was it. However, in my second semester at University, Im back and it couldn't be any better! Sniff those mangos!
@Crenshaw.
@Crenshaw. 3 жыл бұрын
Big up EconplusDal! Making econ way easier to understand.
@vikrantsingh6309
@vikrantsingh6309 3 жыл бұрын
You deserve all the applaud... thank you very much sir. Good night San Diego..Bye bye 🤘🤘
@devikarai5119
@devikarai5119 7 жыл бұрын
Simple, clear, comprehensive. Thank you :)
@thugII
@thugII 7 жыл бұрын
Thanks for the great video. My exam is tomorrow and I'm so Glad that I've found u here!
@ssayuriss
@ssayuriss 3 жыл бұрын
Thank you Dal, you really helped our asses!!!!!!!!
@tshiamomadikgetla1716
@tshiamomadikgetla1716 2 жыл бұрын
Protect this man at all costs guys😭😭😭
@savannah-bellelakewoood9261
@savannah-bellelakewoood9261 4 жыл бұрын
This was the best explanation video I’ve seen. Thanks
@reemontel8036
@reemontel8036 5 жыл бұрын
Thank you so much for putting this out, it was extremely helpful!
@agustingovea4056
@agustingovea4056 4 ай бұрын
Thank you so much for explaining everything 🙏
@mogeconomics
@mogeconomics Жыл бұрын
This class is extremely helpful. Thank you very much.
@erikaleopardi4724
@erikaleopardi4724 3 жыл бұрын
Saw several videos and FINALLY understood! Thanks :)
@Andru55
@Andru55 3 жыл бұрын
Thank you for uploading so many videos related to Economics.Its really helpful for everyone . Please Continue the good work😊
@glassyeti2342
@glassyeti2342 5 жыл бұрын
Man, I’ve spent a good hour doing the working for a perfect equality Gini coefficient and you just saved my ass.
@sarahmwaura9423
@sarahmwaura9423 3 жыл бұрын
This is what I need for my Regional Development plan.
@jackbarlass2219
@jackbarlass2219 5 жыл бұрын
awesome video thanks for the helpful info
@DSinghK1890
@DSinghK1890 6 жыл бұрын
Thank you, very clear (as always) What are the weaknesses of this approach as compared to other methods of measuring income inequality? and what method is used in practice, by the World Bank for example.
@yokokojima2887
@yokokojima2887 2 жыл бұрын
I have a dev econ exam tmrw and this really helped! thank you x
@zainahmed6630
@zainahmed6630 6 жыл бұрын
finally got the idea". thanks dude"
@56dragonfly
@56dragonfly 7 жыл бұрын
this was literally so easy, simple and fast to understand. thank you so much for this video! :)
@ailigstruthers7301
@ailigstruthers7301 2 жыл бұрын
Great video. Thank you
@darshanapatel925
@darshanapatel925 7 жыл бұрын
THANK YOU SO MUCH FOR SHARING... YOU MADE IT SO EASY TO UNDERSTAND...YOU SAVED ME
@Mr_Anderson_YT
@Mr_Anderson_YT 5 жыл бұрын
great explanation, finally got this after hours of headache, thanks man!
@chesterconnell
@chesterconnell 6 жыл бұрын
Excellent communication skills. That was very well done.
@shambhavisingh2809
@shambhavisingh2809 7 жыл бұрын
you are the best KZbin econ professor!!
@mirzaarfinarfinsultana7166
@mirzaarfinarfinsultana7166 7 жыл бұрын
best economics teacher ever!!
@adammachonko7090
@adammachonko7090 Жыл бұрын
Extremely good explanation!!!
@blAckroze015
@blAckroze015 3 жыл бұрын
This is very informative. Thank you
@Timoroan1
@Timoroan1 5 жыл бұрын
You deserve a gold medal 🏅 buddy!
@areebbandukda3
@areebbandukda3 2 жыл бұрын
Oh man you're making economics so easy for me ❤️
@venkatachalapathibaskar5927
@venkatachalapathibaskar5927 6 жыл бұрын
Simple and Systematic. Thank You. I appeal you again: Please write a textbook of Economics based on your video lectures and make that book available to India.
@dannyboy0807
@dannyboy0807 2 жыл бұрын
So helpful as always! thank you!!
@anueladu-nsiah2432
@anueladu-nsiah2432 2 жыл бұрын
WOW.....THE EXPLANATION WAS JUSS SICKK
@bissessurtushal
@bissessurtushal 5 ай бұрын
Thank you Sir ❤
@Sany12
@Sany12 26 күн бұрын
That wan amazing lecture👏🏼👏🏼
@muhannadalmuraikhi6408
@muhannadalmuraikhi6408 7 жыл бұрын
Excellent explanation, it deserves 10 likes
@animehub1611
@animehub1611 3 жыл бұрын
Bruv never disrespect daddy dal like that again, you hear me!!!!😡
@skrekmbangeni5055
@skrekmbangeni5055 Жыл бұрын
No thank you it really helped me did not understand a thing before the video
@ayandakweyama4946
@ayandakweyama4946 3 жыл бұрын
Can you imagine South Africa, A country regarded as one of the most developed in the African continent has such an uneven distribution of income. My heart is bleeding even more for the rest of Africa 💔🥺.
@EliteHero301
@EliteHero301 7 жыл бұрын
Really helpful for A2 revision - Thanks and keep at it c:
@martinmuller9575
@martinmuller9575 2 жыл бұрын
Legend. Amazing video!!!🔥🔥🔥
@jopioeverest3175
@jopioeverest3175 5 жыл бұрын
Thank you, that is well explained, I learned something.
@wanjadouglas3058
@wanjadouglas3058 2 жыл бұрын
Excellent explanations
@dn8905
@dn8905 Жыл бұрын
This was extremely helpful 💜 thank you so much
@jameschambers2346
@jameschambers2346 6 жыл бұрын
Good video. Something that strikes me though, is that "the line of perfect equality" really should be called something less misleading, like "the hypothetical line of proportional equality" (less catchy I will admit). I say this because (it appears) there's nothing intrinsically good about (eg) 50% of the population earning 50% of the income; that is, it implies there's some magic in the 1:1 ratio that makes it desirable over other ratios. I assert... If a persons needs are met, that is there's food on their plate, they've a regular income, leisure time, a degree of consumer spending etc; it matters less if their neighbour has twice as much, or ten times as much as they do. It might not even matter at all. :)
@RichardWegner-gn8cp
@RichardWegner-gn8cp 4 ай бұрын
My Y11 Class loved it and they are going to get band 6's in the HSC
@wilnahuman9556
@wilnahuman9556 4 жыл бұрын
Excellent explanation.
@uwizeyeclement8099
@uwizeyeclement8099 2 жыл бұрын
wonderful video, Thank you!
@lesliem6208
@lesliem6208 2 жыл бұрын
Amazing explanation!
@dumisanichitaukali929
@dumisanichitaukali929 2 жыл бұрын
perfect .. i like your videos
@Carlusmagsun
@Carlusmagsun Жыл бұрын
You are incredible sir
@thoanguyen8940
@thoanguyen8940 6 жыл бұрын
That was super easy to understand! Thank you for making this video!
@alimwima3850
@alimwima3850 3 жыл бұрын
It is a nice one and indeed is educative
@ishans4466
@ishans4466 6 жыл бұрын
What kind of idiots even dislike videos like this man you are great 👌👌👌👌👏👏
@nauyz
@nauyz Жыл бұрын
Thank you so much! The video helped a lot!
@donovanchetty8621
@donovanchetty8621 7 жыл бұрын
Thanks for the well explained material. Very helpful...
@aluelmajok
@aluelmajok 5 жыл бұрын
Thanks for the visual explanation Sr. It makes sense really well👌even though it is massed up!
@aastroind
@aastroind 4 ай бұрын
Thankyouu god bless you
@kenlloyd9976
@kenlloyd9976 9 ай бұрын
Great explanation thanks
@samcaddy8544
@samcaddy8544 6 жыл бұрын
Explained brilliantly
@sardarharoonsaleemkhan6499
@sardarharoonsaleemkhan6499 3 жыл бұрын
VERY WELL EXPLAINED
@MsPoxxy
@MsPoxxy 4 жыл бұрын
You explain so well but a bit fast. Thank you
@amritasriv87
@amritasriv87 7 жыл бұрын
excellent explanation...excellent teacher
@priyasahu6637
@priyasahu6637 5 жыл бұрын
very nice sir nice sir ji I'm your new subscriber👌👌👌
@Ralf_4848
@Ralf_4848 3 жыл бұрын
great video, really helped. thanks!
@lisa-soraya4452
@lisa-soraya4452 7 жыл бұрын
Very well explained! Thanks for that!!
@UmarDoesEconomics
@UmarDoesEconomics 10 ай бұрын
beauty of a diagram to use in development essays , can partner this with comparative advantage PPF if applicable , mucho good combo
@manafjamal4965
@manafjamal4965 5 жыл бұрын
Thanks alot for this easy clear explaination
@lethiwembatha478
@lethiwembatha478 6 жыл бұрын
very clear and stimulating, thanks X
@davids.8291
@davids.8291 2 жыл бұрын
Awesome video
@arshkaur211
@arshkaur211 5 жыл бұрын
Thank u so much sir.. your lecture is really very helpful.
@vijayalakshmigurulingam1370
@vijayalakshmigurulingam1370 Жыл бұрын
You are the best!
@NETECONOMICSDECEMBERNTA
@NETECONOMICSDECEMBERNTA 4 жыл бұрын
Excellent !
@connectthedotswithanu6378
@connectthedotswithanu6378 2 жыл бұрын
Well explained 👌👌👌
@zacg6013
@zacg6013 4 жыл бұрын
very helpful, thank you
Policies to Redistribute Income and Wealth with Evaluation
12:11
EconplusDal
Рет қаралды 153 М.
Gini Coefficient and Lorenz Curve
8:15
Khan Academy
Рет қаралды 243 М.
когда не обедаешь в школе // EVA mash
00:57
EVA mash
Рет қаралды 2,7 МЛН
HAH Chaos in the Bathroom 🚽✨ Smart Tools for the Throne 😜
00:49
123 GO! Kevin
Рет қаралды 14 МЛН
Marshall Lerner Condition and J Curve Effect
9:29
EconplusDal
Рет қаралды 249 М.
Lorenz Curve and Gini Coefficient
4:50
Steve Lobsey
Рет қаралды 376 М.
Think Fast, Talk Smart: Communication Techniques
58:20
Stanford Graduate School of Business
Рет қаралды 40 МЛН
The Problem with Time & Timezones - Computerphile
10:13
Computerphile
Рет қаралды 4 МЛН
Income and Wealth Inequality: Crash Course Economics #17
10:16
CrashCourse
Рет қаралды 1,6 МЛН
What is Lorenz Curve & Gini Coefficient
8:42
Sleepy Classes - Govt. Jobs & CUET
Рет қаралды 51 М.
Lecture 1: Introduction to 14.02 Principles of Macroeconomics
29:30
MIT OpenCourseWare
Рет қаралды 167 М.
How to Measure Income Inequality: Gini &  Lorenz
29:06
BurkeyAcademy
Рет қаралды 39 М.
Indifference Curves
8:28
Marginal Revolution University
Рет қаралды 591 М.
когда не обедаешь в школе // EVA mash
00:57
EVA mash
Рет қаралды 2,7 МЛН