Macroeconomic Performance and Goals · Macroeconomics

Unemployment and the Labor Market

Categorizing types of unemployment and evaluating the social and economic costs of idle labor.

Key Questions

  1. 1Why does structural unemployment persist even during economic booms?
  2. 2What trade-offs are involved in increasing the minimum wage?
  3. 3How does a flexible labor market affect long term economic resilience?

MOE Syllabus Outcomes

MOE: Employment and Unemployment - JC2MOE: Macroeconomic Aims - JC2
Level: JC 2
Subject: Economics
Unit: Macroeconomic Performance and Goals
Period: Macroeconomics

Suggested Methodologies

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