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Lecture

Public Administration and Economic Measurement

In course

HUM-485: Data in context: Critical Data Studies I

Le cours "Critical Data Studies" s'inscrit dans la nouvelle offre d'enseignements TILT qui propose de croiser des savoirs provenant des SHS et des sciences de l'ingénieur afin d'aborder des thématiques complexes qui nécessitent une méthodologie interdiscip ...

Description

This lecture discusses the evolution of economic measurement, focusing on the inclusion of non-market activities in the GDP, such as public administration, drug trade, and prostitution. It explores how quantification choices impact what is visible or hidden in economic data, emphasizing the importance of defining categories to shape what can be understood, questioned, and governed. The lecture also delves into the challenges of ensuring comparability over time and across regions, highlighting the influence of different measurement practices on economic representation and policymaking.

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Related concepts (18)

Measurement uncertainty

In metrology, measurement uncertainty is the expression of the statistical dispersion of the values attributed to a measured quantity. All measurements are subject to uncertainty and a measurement result is complete only when it is accompanied by a statement of the associated uncertainty, such as the standard deviation. By international agreement, this uncertainty has a probabilistic basis and reflects incomplete knowledge of the quantity value. It is a non-negative parameter.

Comparability graph

In graph theory, a comparability graph is an undirected graph that connects pairs of elements that are comparable to each other in a partial order. Comparability graphs have also been called transitively orientable graphs, partially orderable graphs, containment graphs, and divisor graphs. An incomparability graph is an undirected graph that connects pairs of elements that are not comparable to each other in a partial order.

Economic inequality

Economic inequality is an umbrella term for a) income inequality or distribution of income (how the total sum of money paid to people is distributed among them), b) wealth inequality or distribution of wealth (how the total sum of wealth owned by people is distributed among the owners), and c) consumption inequality (how the total sum of money spent by people is distributed among the spenders).

Trivially perfect graph

In graph theory, a trivially perfect graph is a graph with the property that in each of its induced subgraphs the size of the maximum independent set equals the number of maximal cliques. Trivially perfect graphs were first studied by but were named by ; Golumbic writes that "the name was chosen since it is trivial to show that such a graph is perfect." Trivially perfect graphs are also known as comparability graphs of trees, arborescent comparability graphs, and quasi-threshold graphs.

Economic justice

Economic justice intersects with economic prosperity as if all members of society can earn wages then they are contributing to the economic growth. These wages are then turned into the buying of goods which works to drive the economy, but it only works if everyone can "provide for themselves and maintain discretionary income." Justice in economics is a subcategory of social justice and welfare economics. It is a "set of moral and ethical principles for building economic institutions".

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