Watch carefully the following ted talk:

Ted Talk "New Insights on Poverty" by Hans Rosling.Links to an external site.

Then spend some time thinking about the talk and address the following questions:

1. What economic concepts or principles do you recognize? Name them and explain.
2. Is the framework of means and goals (and their rankings) that Rosling presents a positive or normative analysis? Explain.
3. Do you think that GDP/capita is a good measure of well-being? What is not included/accounted for in GDP? Explain.