Unemployment

Areej Aslam Khan 201002380
(business Administration)
NooraAl-musailem 200700066
(Finance)
ASSE2111 SEC: 201
Our focused table of contents:
Goals:
①To help create awareness to students about the
economy they live in.
②To help them understand how the economy works.
③To help them relate their live with economics.
④Help them understand the difference between
macro economics and micro economics.
⑤To influence focused learners about the
importance of world economy.
Objectives:
① Students will be able to identify and explain economic
concepts and theories related to the behavior of economic
agents, markets, industry and firm structures, legal
institutions, social norms, and government policies.
② Students will be able to identify the determinants of various
macroeconomic aggregates such as output, unemployment,
inflation, productivity and the major challenges associated
with the measurement of these aggregates.
③ Students will be able to formally represent economic
relationships using graphical and mathematical tools and
provide meaningful verbal interpretations of these
representations.
④ Students will attain deeper understanding by focusing on
economic growth full employment price stability and
economic freedom
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Sample Pages:
Two essential definitions:
• Unemployment: People are unemployed when
they are able and willing to work but they
cannot find jobs.
• PhilipsCurve: This traditional Philips curve
suggests that a government can select its
optimum combination of inflation and
unemployment and can trade off the two.
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A Reliable Reference
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