What does
economics
have to do with
plumbing?
Time for a poll
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Time for a poll
What is the best investment tofight world poverty”?
Macro
How can poor countries become rich countries?
Micro
How can poor people escape poverty and have prosperous lives?
What countries have achieved economic growth?
Does growth reduce poverty?
Source: https://ourworldindata.org/economic-growth
What can we learn from this graph about the relationship between economic growth and poverty?
Economic growth tends to reduce extreme poverty
A lower share of the population of high-income countries live in extreme poverty
The best policy tools for reducing poverty are those that increase economic growth
Beware
of
correlations
ECON 1006 - Introduction
By Emilia Tjernström
ECON 1006 - Introduction
Introductions
