Topic 18: Unemployment

Content 

A) Introduction

• Full Employment 
• Unemployment 
• The Rate of Unemployment 
• The UK Unemployment 

B) Types, Causes and Remedies of Unemployment

• Frictional Unemployment 
• Structural Unemployment 
• Seasonal Unemployment 
• General Unemployment 
• Unemployment Summary 

C) Economic Effects of Unemployment

• The Phillips’ Curve 
• Advantages of Lower Unemployment 
• Disadvantages of Higher Unemployment 
• Employment Strategies