Economic Growth, Unemployment

Today we finished talked about economic growth and went over both convergence and how growth and debt are related. We then moved on to unemployment. We defined unemployment, talked about some basic unemployment facts, whether or not unemployment is an accurate measure, why unemployment exists, and how government policy can affect unemployment.

Om Podcasten

This course covers macroeconomics. Course 1A and 1B may be taken in either order. Analysis of the economy as a whole; determinants of the level of income, employment and prices; money and banking, economic fluctuations, international trade, economic development; the role of public policy.