Spec 9708
Revise CIE Intl A Level Economics 11.3.3 indicators of living standards and economic development with the lessons, revision guides, and flashcards.
indicators of living standards and economic development: • monetary indicators including real per capita national income statistics (GDP, GNI, NNI) and purchasing power parity • issues of comparison using monetary indicators • non-monetary indicators • composite indicators: – Human Development Index (HDI) – Measure of Economic Welfare (MEW) – Multidimensional Poverty Index (MPI) • the Kuznets curve