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Human Development Index and Report, Lorenz, Philips, kuznets curves-Economics Online Lectures #10

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What is Human Development Index

Every year Human Development Index is released by United Nations Development Programme (UNDP)

The HDI is a measure for assessing progress in three basic dimensions of human development:

1. A long and healthy life- Life expectancy
2. Access to knowledge- Education
3. Access to a decent standard of living- Real Percapita income

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Lecture 44 लोरेन्ज वक्र और गिनी गुणक (भारतीय अर्थव्यवस्था )

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Lorenz Curve - Hindi

This animation educates the learner about the Lorenz Curve and its use in estimation of dispersion.
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Lorenz Curve and Gini Coefficient - Measures of Income Inequality

Lorenz Curve and Gini Coefficient - Measures of Income Inequality

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Kuznet Curve | Economic growth & inequality | In Hindi | Ignite Excel

How might inequality be affected by income growth?
the kuznet curve offers some insights

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DEVELOPMENT ECONOMICS LORENZ CURVE ISI ,DSE ,JNU ,UPSC ,NDA ,MIT ,BSC

DEVELOPMENT ECONOMICS LORENZ CURVE ISI ,DSE ,JNU ,UPSC ,NDA ,MIT ,BSC




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Environmental Kuznets Curve (EKC)

The Environmental Kuznets curve (EKC) demonstrates that initially the pollution and environmental degradation surpass the level of income per capita; however this trend reverses since at the higher income levels, economic growth can lead to environmental upgrading and a reduction in per capita emissions per $ or £ of national output.

The Lorenz Curve

​The Lorenz curve is a simple graphical / visual representation of income or wealth distribution developed by American economist Max Lorenz in 1905.

kuznet inverted U shaped hypothesis of inequality | gini coeffecient | lorenz curve | explained.

In economics, a Kuznets curve graphs the hypothesis that as an economy develops, market forces first increase and then decrease economic inequality. The hypothesis was first advanced by economist Simon Kuznets in the 1950s and '60s.

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Human Development Index | Ideas of Development | Social |Class 10 Science

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KUZNETS INCOME CURVE

#upsceconomics optional #ies #ugcneteconomics
The video is part of Growth and Development Series of Paper 1 of UPSC Economics Optional - Chapter 2.
The video discusses Simon Kuznets Income Hypothesis and Curve: Inverted U shaped K-Curve Model. Lorenz Curve and Gini Coefficient, the tools used to discuss the inverted income model are also discussed. All the points to be covered for public services /professional/ masters/ NTA UGC NET Economics are also included.

environmental Kuznet Curve (EKC) || Fully explained topic || IAS 2019

The environmental Kuznets curve (EKC), shows the relationship between economic progress and environmental degradation through time as an economy progresses.
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The environmental Kuznets curve is a hypothesized relationship between environmental quality and economic development: various indicators of environmental degradation tend to get worse as modern economic growth occurs until average income reaches a certain point over the course of development.

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HUMAN DEVELOPMENT INDEX (HDI) मानव विकास सूचकांक

Human Development
Human Development is defined as the process of enlarging people’s freedoms and opportunities and improving their well-being. Human development is about the real freedom ordinary people have to decide who to be, what to do, and how to live.
The human development concept was developed by economist Mahbub ul Haq.
He believed that the commonly used measure of Gross Domestic Product failed to adequately measure well-being.
Working with Nobel Laureate Amartya Sen and other economists, in 1990 Dr. Haq published the first Human Development Report, which was commissioned by the United Nations Development Programme.
The Human Development Index (HDI) is a composite statistic of life expectancy, education, and per capita income indicators, which are used to rank countries human development. A country scores higher HDI when the lifespan is higher, the education level is higher, and the GDP per capita is higher
Calculation

Old method (before 2010 Index)
New method (2010 Index onwards)

The 2010 Human Development Index (HDI) combines three dimensions
Life expectancy
Education
Standard of living
1. Life Expectancy Index (LEI) =(????????−20)/(85−20)
LEI is 1 when Life expectancy at birth is 85 and 0 when Life expectancy at birth is 20
2. Education Index (EI) =(????????????????+????????????????)/2
 Mean Years of Schooling Index (MYSI) =????????????/25
Average number of years of education received by people ages 25 and older, converted from education attainment levels using official durations of each level.
Expected Years of Schooling Index (EYSI) =????????????/18
Number of years of schooling that a child of school entrance age can expect to receive if prevailing patterns of age-specific enrolment rates persist throughout the child's life.
3. Income Index (II) =(I????⁡(????????????????????)−I????⁡(100))/(I????⁡(75.000)−I????⁡(100) )
Income Index is 1 when GNI per capita is $75,000 and 0 when GNI per capita is $100
HDI is the Geometric mean of the previous three normalized indices: HDI=∛(????????????∗????????∗????????)

Human Development Report | Development | Economics | Class 10th | In Hindi | Magnet Brains

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Chapter 1.9 - Human Development Report - Class 10th Economics

Human Development Report

India's human development index (HDI) value is above the average of 0.638 for the region, with Bangladesh and Pakistan, countries with similar population size

Class 10th Economics
Chapter 1. Development (Human Development Report)

Useful For: NCERT / CBSE / ICSE / IIT JEE / AIPMT / Olympiad / NTSE

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Chapter 1.10 - Sustainability of Development - Class 10th Economics


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Important Curves in Economics, Difference in Lorenz, Laffer, Phillips and Kuznets Curves explained

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Topic : Important Economic Curves | Phillip | Lorenz | Gini | Kuznets | Lafer Curves

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Different Economic CURVES, Know all about Laffer, Kuznets, Phillips and Lorenz Curves #UPSC #IAS

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ECONOMIC CURVES - LORENZ, LAFFER, PHILLIPS, KUZNET CURVE | LECTURE 5 | ECONOMICS UPSC PRELIMS 2018

There is a mistake in video please correct - Inequality on the Gini scale is measured between 0, where everybody is equal, and 1, where all the country's income is earned by a single person



ALL IN ONE ECONOMIC CURVES
- LORENZ CURVE
- LAFFER CURVE
- PHILLIPS CURVE
- KUZNET CURVE


Introduction on UPSC CSE Economics For Prelims & Mains.

#Economics is a very important from the UPSC exam point of view. It is very crucial not just for CSE Prelims but for CSE Mains and interview as well.

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Human Development Index and Report, Lorenz, Philips, kuznets curves-Economics Online Lectures #10

Human Development Index and Report, Lorenz, Philips, kuznets curves-Economics Online Lectures #10.This Online Lecture is Very Important for Various Economic Curves and Graphs. I have explained Lorenz Curve, Engel Curve, Philips Curve, Kuznets Curve and Human Development Index and Report 2016.
India's Rank on Human Development Report 2016 was 131 in 188 countries.
You Can Clear your Concepts Easily With Simple Explanation and Daily Life Examples in Hindi.

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