Topics
A project is complete when it starts working for you, rather than you working for it.
– Scott Allen
GDP (Gross Domestic Product)
Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period. As such, it also measures the income earned from that production, or the total amount spent on final goods and services (less imports). While GDP is the single most important indicator to capture economic activity, it falls short of providing a suitable measure of people's material well-being for which alternative indicators may be more appropriate.
Case Study
Population Density
Population density is the concentration of individuals within a species in a specific geographic locale. Population density data can be used to quantify demographic information and to assess relationships with ecosystems, human health, and infrastructure.
Case Study
Unemployment Rate
The unemployment rate is the percentage of the labor force without a job. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them. When the economy is in poor shape and jobs are scarce, the unemployment rate can be expected to rise. When the economy grows at a healthy rate and jobs are relatively plentiful, it can be expected to fall.
Case Study
Sex Ratio
The sex ratio is the ratio of females to males in a population. The ratio tends to be 1:1 in most sexually reproducing species, which is explained by Fisher's principle.The human sex ratio is of particular interest to anthropologists and demographers. In human societies, sex ratios at birth may be considerably skewed by factors such as the age of mother at birth and by sex-selective abortion and infanticide.
Case Study
Happiness Index
Happiness Report, which uses global survey data to report how people evaluate their own lives in more than 150 countries worldwide. The World Happiness Report 2022 reveals a bright light in dark times. The pandemic brought not only pain and suffering but also an increase in social support and benevolence. As we battle the ills of disease and war, it is essential to remember the universal desire for happiness and the capacity of individuals to rally to each other’s support in times of great need.
Case Study