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Economic Development, Poverty and Inequality

745 resources created by 566 users

This Economic Development, Poverty and Inequality page on GoConqr gathers community-made mind maps, quizzes, flashcards and notes, from measuring development and the Lewis Model to aid, trade and the Millennium Goals. It's built for university students and professional candidates, school students, and teachers after ready-made material. There are over 700 resources here, including more than 20 quizzes and over 400 mind maps, pitched at A-level and IB through to university courses. Pick a topic, try a quiz to spot your gaps, then make your own revision sets.

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About Economic Development, Poverty and Inequality

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What this unit covers

The resources follow the usual path of a development course. They start with what development means and how it is measured, then move to theories, domestic factors, trade, aid and inequality. Many were made by students working through university courses and school specifications.

Where to start

Begin with the mind map IB Economics SL: Development Economics. Its branches run from an introduction to development through measuring development, domestic factors, international trade, foreign direct investment and aid. Then read the notes Understanding development and the mind map Does Economic Growth Lead to Economic Development?, which ask how growth and development differ.

Going deeper

  • Theory: the mind map on the Lewis Model of 1954 covers the closed and open economy versions and the criticisms of it. History Dependence looks at multiple steady states, and Multiple Equilibria sits alongside it.
  • Measurement: the Development Economics mind map lists the limits of GDP as a measure, such as the shadow economy, regional variations and differences in purchasing power.
  • Poverty and inequality: try the Poverty and Income and Wealth mind maps.
  • Case studies: there are maps on China, India, Africa and Latin America.
  • Technology: the notes Technological Leapfrogging discuss how technology transfer and exporting support growth.

Using quizzes and maps together

Read a mind map first, then take a quiz on the same topic. The quiz ECON20332 asks about the Gini coefficient, the Harrod-Domar model and how less developed countries compare with developed ones. Development Economics IIB by Alex Gorashov tests the Solow model and exogenous growth. Where you get a question wrong, go back to the matching map branch and then check the flashcards, such as Measuring development.

Where it fits

This unit belongs to the Development, Environment and Applied Economics strand of the Economics subject, so it pairs well with other applied topics there.

Choose one map today, take a quiz on it, and see which topics need another look.

Frequently asked questions

Which resource should I open first?

Start with the mind map IB Economics SL: Development Economics. It gives an overview of the whole topic, from introduction and measurement to trade, investment and aid. After that, pick a narrower resource, such as the Poverty mind map or the notes Understanding development, depending on what you need next.

What do the quizzes test?

The quizzes cover several areas. ECON20332 includes questions on the Gini coefficient, the Harrod-Domar model and the characteristics of less developed countries. Development Economics IIB by Alex Gorashov looks at the Solow model and exogenous growth. There are also quizzes titled Economic Development & Growth and a set of chapter quizzes on classic theories and contemporary models.

Which levels and exams do these resources suit?

The mix is about 60% university and 40% secondary. Listed resources mention A-level Economics, IB Economics, GCSE, CBSE and A-level Geography, alongside university course material. Check each resource's title and content to judge whether it matches your course, since the resources were made by different users.

Are the resources free to use?

Yes. Every resource on this page is free to open, study and take, with no account needed. They were made by GoConqr users rather than by GoConqr itself, so styles and depth vary from one to the next.

Can I study case studies of particular countries?

Yes. There are mind maps on China, India, Africa and Latin America, plus notes on strategies for economic development in South Korea and a mind map on the Asian Tigers. A flashcard deck on the economic development of the Middle East is also listed.

What if I can't find the topic I need?

Try nearby titles first, as topics such as poverty, inequality and aid appear under several resources. If a gap remains, a free account lets you save quiz scores and make your own quizzes, mind maps, flashcards and notes for the missing topic.

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