Cambridge AS & A Level Economics
3.3Addressing income and wealth inequality
Addressing income and wealth inequality in Cambridge AS & A Level Economics: what the syllabus expects you to know, the learning objectives and how to practise.
Subtopic24 practice questions1 lesson
Learning objectives
What the syllabus expects you to be able to do.
- 3.3.1Distinguish income as a flow from wealth as a stock.
- 3.3.2Describe the Gini coefficient as a measure of inequality (calculation not required).
- 3.3.3Explain the economic reasons for inequality of income and wealth.
- 3.3.4Evaluate policies to redistribute income and wealth: minimum wage, transfer payments, progressive income taxes, inheritance and capital taxes, state provision of essential goods and services.
Lessons
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Inequality of income and wealth and policies to redistribute
55 min
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