Macroeconomic Objectives · Macroeconomics

Unemployment

Analyzing the types of unemployment and the social and economic costs of joblessness.

Key Questions

  1. 1How does structural unemployment differ from cyclical fluctuations?
  2. 2Who benefits and who bears the costs of a highly flexible labor market?
  3. 3What role should the government play in retraining the workforce?

ACARA Content Descriptions

AC9EC11K09
Year: Year 11
Subject: Economics & Business
Unit: Macroeconomic Objectives
Period: Macroeconomics

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