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Human Development Index | HDI | Developmental Economics (Easy explanation)
#economics #developmenteconomics #easyexplaination
The Human Development Index (HDI) is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and having a decent standard of living. The HDI is the geometric mean of normalized indices for each of the three dimensions.
The health dimension is assessed by life expectancy at birth, the education dimension is measured by mean of years of schooling for adults aged 25 years and more and expected years of schooling for children of school entering age. The standard of living dimension is measured by gross national income per capita. The HDI uses the logarithm of income, to reflect the diminishing importance of income with increasing GNI. The scores for the three HDI dimension indices are then aggregated into a composite index using geometric mean. Refer to Technical notes for more details.
The HDI can be used to question national policy choices, asking how two countries with the same level of GNI per capita can end up with different human development outcomes. These contrasts can stimulate debate about government policy priorities.
The HDI simplifies and captures only part of what human development entails. It does not reflect on inequalities, poverty, human security, empowerment, etc. The HDRO provides other composite indices as broader proxy on some of the key issues of human development, inequality, gender disparity and poverty.
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ความคิดเห็น

  • @asnahid07
    @asnahid07 2 วันที่ผ่านมา

    Utility = Neo Classical Value (Cost of production= Classical) (Utility= Neo Cl) Profit (Payment to capitalist cl) (Earnings - Expense, Neo CL) Rationality (CL ×) ( NEO CL, GUIDE INDIVIDUAL PURCHASING AND SELLING DECISION... CONSUMER - UTILITY, FIRMS - PROFIT) Eqn (CL SAVINGS= INVESTMENT) (NEO CL, SUPPLY= DEMAND)

  • @sushree-uf9bp
    @sushree-uf9bp 3 วันที่ผ่านมา

    Classical economist Adam Smith

  • @shahzada7226
    @shahzada7226 13 วันที่ผ่านมา

    Why we not consider R square value in panel study?

  • @israokay3163
    @israokay3163 13 วันที่ผ่านมา

    ive been trying to figure this out for days and understood it so quickly from this video thanks girl

  • @DEMShadow1
    @DEMShadow1 14 วันที่ผ่านมา

    Thank you ma'am

  • @sarahericks729
    @sarahericks729 18 วันที่ผ่านมา

    Simplified, thank you!

  • @firdaushukgfc3874
    @firdaushukgfc3874 18 วันที่ผ่านมา

    1817

  • @keshtech
    @keshtech 21 วันที่ผ่านมา

    One number ❤

  • @umarado9568
    @umarado9568 หลายเดือนก่อน

    Thank you so much, keep them coming 👋

  • @rahulbhushna14
    @rahulbhushna14 หลายเดือนก่อน

    Thanks mam!

  • @SarthakArya-zd5pr
    @SarthakArya-zd5pr หลายเดือนก่อน

    Aap bhut khubsurat ho😌🦋

  • @Tanvirul_Islam_CU
    @Tanvirul_Islam_CU หลายเดือนก่อน

    tnx... from BD

  • @rahulbhushna14
    @rahulbhushna14 หลายเดือนก่อน

    Thank you so much mam!!

  • @240419921000
    @240419921000 หลายเดือนก่อน

    MA not understood. AR is clear. Thank you.

  • @80-20NutriFitClub
    @80-20NutriFitClub 2 หลายเดือนก่อน

    ❤❤

  • @rajendrahansdah3065
    @rajendrahansdah3065 2 หลายเดือนก่อน

    Please keep doing 🙏

  • @MatovuAmmon
    @MatovuAmmon 2 หลายเดือนก่อน

    Im ugandan but u teach welll dearest do u have tutorials fr mtc

  • @Jason-o5s
    @Jason-o5s 2 หลายเดือนก่อน

    Cheer~~~a member of an 18th-century group of French economists who believed that agriculture was the source of all wealth and that agricultural products should be highly priced. Advocating adherence to a supposed natural order of social institutions, they also stressed the necessity of free trade.😊

  • @SyedheggjdkkSdtrghfhfjufehwj
    @SyedheggjdkkSdtrghfhfjufehwj 2 หลายเดือนก่อน

    Screen is not clear

  • @AmanKumar-hs8ew
    @AmanKumar-hs8ew 3 หลายเดือนก่อน

    Awesome ma'am

  • @dineshadhikari-t8t
    @dineshadhikari-t8t 3 หลายเดือนก่อน

    Stupid

  • @yashtalawdekar2703
    @yashtalawdekar2703 3 หลายเดือนก่อน

    why so much filter

  • @paulcartwright7257
    @paulcartwright7257 3 หลายเดือนก่อน

    Thank you for the lecture, it finaally makes sence

  • @tariqueaziz233
    @tariqueaziz233 3 หลายเดือนก่อน

    Thank you, best explanation