Essay

Evaluating Economic Data Visualizations

A scatter plot displays data for many countries, with average income per person (GDP per capita) on the horizontal axis and energy use per person on the vertical axis. The income axis uses a logarithmic scale. The plot shows a strong positive correlation, indicating that countries with higher average incomes generally have higher energy consumption. Critically evaluate the limitations of using only this chart to compare the overall well-being of citizens across different countries. What important information might this visualization be omitting?

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Updated 2025-07-24

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Introduction to Microeconomics Course

The Economy 2.0 Microeconomics @ CORE Econ