Understanding Growth Rates: IPAT Equation

This lecture covers the concept of growth rates, focusing on GDP per capita in Mozambique from 1990 to 2022. The instructor explains how to calculate growth rates, the implications of using mean growth rates, and the importance of considering different growth scenarios. Additionally, the lecture delves into the IPAT equation, which decomposes environmental impact into demographic, economic activity, and technology components. The instructor illustrates how this equation can be used to analyze differences between countries, track changes over time, and set targets for reducing environmental impact.