lecture1_Aug31_slides

lecture1_Aug31_slides - Economics of Poverty and...

Info icon This preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
August 31, 2011 1 Economics of Poverty and Discrimination
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Course Introduction n “The main purpose of economics is to understand  and alleviate poverty” -Gary Becker, 1996 n Who lives in poverty? n What are the causes of poverty? n What policies does the US use to address poverty? n How does discrimination contribute to poverty? 2
Image of page 2
3 POOR OR NOT?: SCENARIO A  n A couple in their early 20s share a room in a group  apartment. The husband works for McDonald s for  $14,000 per year.  The wife has been unemployed  for over a year, and recently gave up looking for  work. n Would your answer change if the wife was  unemployed because she is a law student and  expects to have a well-paying job after finishing her  degree?
Image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
4 POOR OR NOT?: SCENARIO B n An eighty-year-old widow has lived for 60 years in a  house that is now worth $600,000. She lives primarily off 
Image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern