Unit 3.4 · Economics of Inequality and Poverty
Taxation and Redistribution
AO3AO4
Syllabus Requirement
Role of progressive, regressive, and proportional tax systems in reducing income and wealth inequality. Includes direct taxes (personal income, corporate, wealth) and key concepts like marginal and average tax rates.
Assessment Objectives
AO3Synthesis and Evaluation
AO4Use of Appropriate Skills
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