3.7 Measuring Development
By the end of this unit you should be able to:
- Distinguish between GDP per capita figures and GNI per capita figures.
- Compare and contrast the GDP per capita figures and the GNI per capita figures for economically more developed countries and economically less developed countries.
- Distinguish between GDP per capita figures and GDP per capita figures at purchasing power parity (PPP) exchange rates.
- Compare and contrast GDP per capita figures and GDP per capita figures at purchasing power parity (PPP) exchange rates for economically more developed countries and economically less developed countries.
- Compare and contrast two health indicators for economically more developed countries and economically less developed countries.
- Compare and contrast two education indicators for economically more developed countries and economically less developed countries.
- Explain that composite indicators include more than one measure and so are considered to be better indicators of economic development.
- Explain the measures that make up the Human Development Index (HDI).
- Compare and contrast the HDI figures for economically more developed countries and economically less developed countries.
Interpreting Indicators of Development
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