Lorenz Curves
Lorenz Curves

A Lorenz curve shows how income or wealth is distributed across a population. The horizontal axis shows the cumulative percentage of the population, ranked from poorest to richest, while the vertical axis shows the cumulative percentage of total income or wealth received.
Step-by-step lessons on CIE Intl A Level Economics 3.3.2 measuring income and wealth inequality. Each one builds up to exam-style questions.