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Lecture
Are you an EPFL student looking for a semester project?
Work with us on data science and visualisation projects, and deploy your project as an app on top of Graph Search.
This lecture explores alternatives to GDP, focusing on the Green Domestic Product concept, which accounts for greenhouse gas emissions. It delves into methods for valuing untraded resources and environmental damage, including damage and production functions. The lecture also covers the Human Development Index (HDI), its calculation, aggregation, and global rankings, highlighting improvements over time. Additionally, it discusses life expectancy calculations and the Genuine Progress Indicator (GPI) in North Carolina, emphasizing the divergence between economic growth and genuine progress.