• The MDGs provide a framework for the entire international community to work together towards a common end, making sure that human development reaches everyone, everywhere. If these goals are achieved, world poverty will be cut by half, tens of millions of lives will be saved, and billions more people will have the opportunity to benefit from the global economy.
• Learn the structure of the MDGs which is in three folds: (i) Goals, (ii) Targets and (iii) Indicators.
• What are the five criteria's that are used for the selection of indicators?
• What is Poverty and why Poverty is a multidimensional Phenomenon.
• Why should we study poverty?
• There are three basics steps to measure poverty - 1. Define and generate an indicator of welfare, 2. Establish Poverty Line, 3. Generate a poverty measure.
• Learn welfarist and non-welfarist approach.
• What is Poverty line - Is a threshold value of the indicator below which individuals and households are considered poor and above which they are considered non-poor
• Learn the different types of poverty line ( Subjective, Relative and absolute poverty line)
• Learn the Cost of Basic Needs (CBN) Method.