Glossary Category: Economics - Page 4 - 3auk

death rate

The death rate is the average number of deaths for every 1,000 people in a population during a

The birth rate measures the number of live births for every 1,000 people in a population during a

Population growth is the change in the number of people living in a country over a certain period.

Purchasing power parity (PPP) is an economic theory that states exchange rates between currencies should adjust until the

Non-monetary indicators are measures that help us understand economic development and living standards by looking at factors beyond

Monetary indicators are measurements expressed in currency terms used by economists to evaluate economic development and compare living

Real per capita national income represents the average income earned by each person in a country. To make

The Kuznets curve is a theory suggesting that as a country develops economically, income inequality first increases and

The Multidimensional Poverty Index (MPI) was launched in 2010 by the Oxford Poverty and Human Development Initiative (OPHI)

The Measure of Economic Welfare (MEW) is an indicator designed to provide a more accurate view of a