Differences in Earnings between different Occupational Groups
Here are some resources to help you with this aspect of the IGCSE Economics syllabus:
Source: Capital Gains Tax Rate & Income Inequality Chart
Via http://www.fastcodesign.com
Via http://www.parkcityindependent.com
| Print article | This entry was posted by James Penstone on January 26, 2012 at 9:39 am, and is filed under Economics, IGCSE Economics. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
Discuss how and why different income groups have different expenditure patterns (spending, saving and borrowing).
about 12 years ago - No comments
Here is a past paper question related to this topic (in italics below). You should try to answer both parts for this syllabus objective. 4 It is stated that the richest households in a country spend under 15 % of their income on food while the poorest households spend over 30 %. (a) Do these…
Do Women Earn Less than Men?
about 12 years ago - No comments
This post takes the same title as that of the impressive 4 minute youtube clip by LearnLiberty.org. Helps with learning about why women – on average – tend to earn less than men, as part of the IGCSE Economics course.
Understanding why wages differ between jobs using supply and demand analysis
about 12 years ago - No comments
Image: Some rights reserved by 401K Three websites to help you understand how wages differ using supply and demand diagram analysis. Why the distribution of income in the UK is unequal by economicshelp.org Wage differentials between occupations by tutor2u.net A bit more advanced: Labor Resources by pcecon.com
Banks
about 12 years ago - No comments
Might be useful for the IGCSE Economics course: an introduction to banking system, and an explanation of Central Banks (although this is quite high level stuff).
Stock Exchange
about 12 years ago - No comments
In the IGCSE Syllabus for Economics we have the following: describe the functions of central banks, stock exchanges, commercial banks; This post addresses the second of those financial institutions listed, stock exchanges. First, this entertaining video produced in 1952 for a US audience does a good job of explaining how a stock exchange works: This…
Changes in Earnings Over Time For An Individual
about 12 years ago - No comments
Tasks: 1) You should also create a hand-drawn chart to show how , in theory, a person’s earnings might change over the course of their lifetime. This should be saved as a digital version (you might draw it using online tool such as dabbleboard, or you might draw it by hand on a tablet, or…
Money – Its Characteristics and Functions
about 12 years ago - No comments
Your task is to answer these questions: What is barter? Where does barter still occur? What are three problems with barter? What are the four main functions of money? What are the necessary characteristics of money? You should find at least five, but there are more. Give examples to explain each characteristic. Here is mjmfoodie…
Visualise the impact of Asia’s Rapid Growth
about 13 years ago - No comments
Image: bbc This interactive, hosted on bbc.co.uk, is good for studies in Geography, Economics, and more. It is a quick way into the type of visual data offered by Gapminder.org The interactive dataset lets the user track a number of Asian countries as their wealth / income grows between 1960 and 2006, and compares the…
The World’s Most Typical Person
about 13 years ago - No comments
The world’s most typical person is male and in terms of the mode average ethnic group, is a Chinese, Han man. His age, in terms of median average is 28. The typical face shown above is built of 190 000 photos of 28 year old ethnic Han men. But as the video tells us, he…
‘Eat Local ‘ Government Advertising Domestic Produce
about 14 years ago - No comments
Why would a government encourage consumers to ‘buy local’? What impact would this have on the demand / supply diagram for these products? How could this be considered a form of protectionism? IB Economics: Why might a government introduce this together with certain price controls (such as a minimum price / Buffer stock programme)?
