UnemploymentBy: Isamu, Marc and Oscar
What is it?
How is it measured?
What are the Types?Frictional
Structural
Cyclical
Seasonal
Real Wage
Frictional
Structural
Cyclical
Seasonal
Real Wage
Recent Unemployment in France and Spain
Causes of Unemployment?
Factors affecting Levels of Unemployment
Costs of Unemployment
Crowding Out
Government PoliciesFiscal Policy – Government Expenditure and
Taxes
Monetary Policy
Exchange Rate Policy
Employment Subsidies
Investment in worker training
How effective are those Policies?
Keynesians vs. Monetarists
Fiscal Policy vs. Monetary Policy
The End