Explain the possible causes of frictional unemployment and technological unemployment and consider whether some element of frictional unemployment is inevitable in an economy.
Assess whether the consequences of technological unemployment are likely to be more serious than those of cyclical unemployment.
Explain the difference between structural unemployment and cyclical unemployment and consider the extent to which structural unemployment is likely to be more damaging to an economy than cyclical unemployment.
Low unemployment is a macroeconomic policy objective for a government.
Assess the extent to which this is most likely to be achieved by supply-side policy.
Using the data in Fig. 1.1, calculate the change in India’s unemployment rate between July 2020 and May 2021.
Using the information provided, explain how agriculture caused seasonal unemployment in India in December 2020.
Consider the extent to which difficulties may arise in the measurement of unemployment in India.
Assess whether seasonal unemployment is likely to be a more serious problem than frictional unemployment for India’s economy.
Assess whether increases in aggregate demand are the best way of reducing unemployment in a high-income country.
Explain three causes of unemployment and consider which cause is likely to be most damaging to a high-income economy.
Assess the possible consequences of a falling rate of unemployment for Malaysia.
Assess the possible impact on unemployment in Japan as a result of the increased investment in AI.
Assess the likely impact of the fluctuations in coffee bean prices on the economies of major producers such as Brazil and Vietnam.