Lecture Microeconomics (20/e): Chapter 21 - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

Chapter 21 - Income inequality, poverty and discrimination. In this chapter we will explore income inequality and actions that can be taken by government to try to correct income inequality, using the Lorenz curve and Gini ratio to help with this evaluation. We will then define poverty and look at how it affects different groups. We will also discuss government programs to aid families in poverty. Lastly we analyze discrimination and how this impacts wages.