Application of Integration in Lorenz curve and Gini Coefficient.

This video describes the concept of Lorenz Curve and Gini Coefficient and How can we solve the Problems related to Lorenz function and Gini Coefficient with the help of Integration formula. This is very Important topic to understand Income inequality and relative poverty in an economy. It describes these problems in whole new perspective with Advance Economics mathematical approach. My previous videos in Advance Economics 1)Romer's Endogenous growth model    • Romer's Endogenous growth model , रोमर का ...