Distribution
Course Learning Outcome: Formulate a whole system approach to the human subsystem structure and function.
Module Outcome: Analyze the current distribution, the role of distribution in quality of life and economic efficiency. Examine mechanisms for creating a more desirable distribution.
Activities:
- Read material on Distribution.
- Read newspaper articles on distribution and class mobility (census results)
- View video on the l-curve: The L-Curve: Income Distribution of the U.S., or see web-site ”Tour of the US Income Distribution: The L-Curve”
- Project work: Create a list of key stakeholders
Self Check: At the end of this section you should be able to answer the following questions:
- What is the Gini coefficient?
- What is the difference between functional and personal distribution of income?
- What is discounting, how does it work, and what are its implications for intergenerational distribution?
