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Macroeconomic Management and Stability · Term 2

Types and Causes of Unemployment

Investigates types of unemployment (frictional, structural, cyclical, seasonal) and their underlying causes.

Key Questions

  1. Differentiate between the various types of unemployment.
  2. Analyze how structural changes in the global economy impact local job security.
  3. Predict the impact of a technological advancement on different sectors of the labor market.

ACARA Content Descriptions

AC9EC12K06AC9EC12S04
Year: Year 12
Subject: Economics & Business
Unit: Macroeconomic Management and Stability
Period: Term 2

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