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Key Concepts: Cost-Benefit Analysis, Employment/Unemployment, Marginal Analysis…
Objective
Students will be able to:
- Define unemployment, frictional unemployment, structural unemployment, cyclical unemployment, and the natural unemployment rate.
- Explain how unemployment is counted.
Standards
Concepts
In this economics video series, students will learn about employment and unemployment.
Description
This 9-video unit on unemployment explains how unemployment is defined and counted, what frictional, structural, and cyclical unemployment are, and what the natural unemployment rate is.
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