A basic understanding of the use of the Social Welfare Functions in the context of poverty and inequality measurement.
Capacity to understand the main properties of the standards measures of poverty (the family FGT) and inequality (Gini, Atkinson, GEI) and the implications of the choices among them.
Ability to critically asses the relative merit of the different recent estimations of the evolution of global poverty and inequality.
Capacity to recognize the main advantages and shortcomings of the alternative methods of impact evaluation (randomization, matching, instrumental variables, regression discontinuity), their data requirements and their possible sources of biases.
Basic capacity to participate in the design and implementation of targeting and impact evaluations of development plans.