Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Class : Y11 Lesson.

Slides:



Advertisements
Similar presentations
Bristol Year 12 Conference Answering Data Response Questions John Birchall.
Advertisements

Unemployment What are the different types of unemployment?
THE UK ECONOMY (MACROECONOMICS) TOPIC 2 UNEMPLOYMENT.
Unemployment.
Business Section: FinanceFurther Reading C.31 Keywords – break even, chart, margin of safety, contribution, contribution per unit. Class : Y11 Lesson.
Lessons Objectives The Meaning of Unemployment The Consequences of Unemployment Types and Causes of Unemployment.
Class : Y10 Lesson Topic: Marketing Scheme of Work: Market Research.
IGCSE Business Chp. 19 & 20 Keywords – CV, external/internal recruitment, Job description, Person Spec, Discrimination, Unfair dismissal. Class : Y10 Lesson.
IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Class : Y10 Lesson Topic: Business and the Environment Scheme.
IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Class : Y10 Lesson.
Economics Section: Market SystemFurther Reading Chps 2 – 3 Keywords – Demand curve ; demand ; effective demand ; demand factors ; normal good ; inferior.
Class : Y11 Lesson Topic: Global Economy
Business Section: FinanceFurther Reading C.27 Keywords – Working capital, working capital cycle, current assets, current liabilities. Class : Y11 Lesson.
Prepare for Learning – 5mins
Business Section: FinanceFurther Reading C.29 Keywords – cash flow, forecast, inflows, outflows, liquid, net cash flow. Class : Y11 Lesson Topic: Finance.
Economics Section: Chp 35Further Reading Keywords – balance of trade, imports, exports, visible trade, invisible trade, deficits, surplus Class : Y11.
How to Measure Economic Performance.
Economics Section: Government & EconomyFurther Reading C.38 Keywords – Aggregate Demand, fiscal, taxation, direct/indirect, expansionary, contractionary.
IGCSE Business Chp. Chp. 1 & 2 Keywords – factors of production, sectors of economy, division of labour, specialization, lab/capital intensive Class :
Unemployment AS economics presentation on the measurement and causes of unemployment.
Class : Y10 Lesson Topic: Human Resources Scheme of Work: Training.
IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Class : Y10 Lesson Topic: Business and the Environment.
Chapter 13SectionMain Menu Unemployment What are the different types of unemployment? How are unemployment rates determined? What is full employment?
Types of Unemployment Frictional Unemployment
IGCSE Business Chp. 15 & 16 Keywords – hierarchy, span of control, chain of command, delegation, authority, functional departments Class : Y10 Lesson Topic:
Prepare for Learning 2 -mins
Economics Section:Further Reading Keywords – Monopoly, Natural Monopoly, Patents, barriers, Class : y10 Lesson Topic: Monopoly Scheme of Work: Business.
6.02 Understand economic indicators to recognize economic trends and conditions C Discuss the impact of a nation’s unemployment rates Understand.
Class : y10 Lesson Topic: Oligopoly Scheme of Work: Business Economics.
IGCSE Business Chp. 9 Keywords – brownfield site, greenfield site, regional policy Class : Y10 Lesson Topic: Business and the Environment Scheme of Work:
 What does unemployed mean?  What do you think is a normal unemployment rate for a country  List of countries by unemployment rate
Economics Section: Income elasticityFurther Reading c.9 Keywords – Income elastic, income inelastic, normal good, inferior good, discretionary. Class.
Class : Y10 Lesson Topic: Business and the Environment
 Working population in the UK is 30 m  There are people with no jobs but who are actively seeking work but can’t find work.  International Labour Organisation.
Economics Section: Government & EconomyFurther Reading C.40 Keywords – Supply side, long run, quantity, quality, privatization, de-regulation Class :
Economics Section: Chp 29Further Reading Keywords – Privatisation, Nationalisation, Efficiency Class : y10 Lesson Topic: Privatisation Scheme of Work:
Economics Section: Competitive MarketsFurther Reading. Chp 22 Keywords – Firms, competition, barriers to entry, innovation, product differentiation, monopoly.
IGCSE Business Studies Chp. 45 p. 209 Keywords – Production ; Job ; Batch ; flow ; quality ; unit cost Prepare for Learning – 5mins In Pairs answer the.
Business Section: FinanceFurther Reading C.32 Keywords – distributed profit, dividend, gross profit, net profit, Profit & Loss (P&L), retained profit Class.
Economics Section:Further Reading Keywords – Class : Y11 Lesson Topic: Government & Economy Scheme of Work: Macroeconomic Objectives.
Oil Case Study.
Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Class : Y11 Lesson.
ECONandBIZ.com Chris Freeman B.Sc.ECON PGCE, Head of Economics & Business Studies, St Christopher’s School, Kingdom of Bahrain AQA AS Economics AQA Chapter.
IGCSE Business Chp. Keywords – Class : Y10 Lesson Topic: Human Resources Scheme of Work: Communication.
Adidas Marketing Strategy
Principles of Macroeconomics Lecture 5 UNEMPLOYMENT.
IGCSE Business Chp. Chp. 1 & 2 Keywords – Consumer, goods, entrepreneurs, needs, private, public sector, services, stakeholder, wants. Class : Y10 Lesson.
A2 Economics Chapter 16: Employment and Unemployment Mr. Miah.
IGCSE®/O Level Economics
Unemployment Various definitions: –The number of people of working age who are without a job –The Claimant Count – those actively seeking work and claiming.
Economic Challenges Unemployment. Policy makers and economic analysts gauge the health of the U.S. economy by examining the labor force and unemployment:
Impact of unemployment. Identify the consequences of unemployment on different stakeholders Using your Handout Households/individual Businesses Economy.
Low Unemployment. Definition  Actively seeking a job but unable to find work.
Employment  Activity or Participation Rate is the percentage of any given group in the population either in work or unemployed.  Net Migration is immigration.
Economics Section: Chp 28Further Reading Keywords – Regulation, Anti-competitive practices, regulatory bodies, Regional Policy Class : y10 Lesson Topic:
2.12 Employment & Unemployment Why is a high rate of unemployment bad for the economy?
Unemployment – what does this show?
Microeconomics Topic 1: The Economic Problem
COSTS AND BENEFITS OF ECONOMIC GROWTH
4.4 Employment and Unemployment
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
TYPES OF UNEMPLOYMENT 1) VOLUNTARY UNEMPLOYMENT
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
Unemployment What are the different types of unemployment?
Presentation transcript:

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Class : Y11 Lesson Topic: Government & Economy Scheme of Work: Unemployment

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment.

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Lesson Objectives ALL (KNOWLEDGE) Define and describe the terms Unemployment MOST (ANALYSIS) Examine and Analyse the types of Unemployment SOME (EVALUATION ) Evaluate & Justify your views of different types of Unemployment P&D Planning and Planning and Data Higher thinking Skills

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Planning Tools P&D Planning and Planning and Data

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Define and describe the terms Unemployment [Grade E-D] Examine and Analyse the types of Unemployment [Grade C-B] Evaluate & Justify your views of different types of Unemployment [Grade A-A*]

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. KeywordDefinition Unemployment, voluntary frictional seasonal, structural cyclical unemployment CONNECTIVES

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CAUSE & EFFECT Consequently…Due to… As a result…Therefore.. Because of…Because… CONCLUDING Firstly…After… Secondly…Before… Overall…I believe… Finally…I think … In conclusion…it depends… To conclude…short term… Meanwhile…Long term… CONTRASTING Although…Except… Moreover…If… However…Yet… Apart from…Unless… Despite…As long as… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite…Yet… As long as…Unless… Apart from…If… Moreover…Except… However…Although… ADDING In addition…And… Too…Also… Additionally…As well as… Furthermore… ILLUSTRATING For instance…Such as… In the case of…So… For example… As revealed by… As illustrated by…

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Climb the Ladder A-A* 1.To what extent 2.Do you think 3.Evaluate whether (8-10m) 10+ connectives & key words C-B 1.Explain 2.Compare 3.Analyse (5-8m) 5+ connectives & key words E-D 1.Define 2.Describe 3.Identify (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

Unemployment 1.List 3 reasons why the government would want to know how many people are not working. 2.List 2 people not included in the workforce

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. p. 107 text Unemployment Objectives Define Measurement methods Causes of Ue – Consequences to follow later

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Websites UK Economy Tracker Unemployment UK Unemployment falls Qatar unemployment tracker

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. p. 107 text Define Ue People in the workforce able, available and willing to work and are actively seeking work. From the amount of people unemployed, economists find the Unemployment rate (Ue) defined as percentage of people out of work – Jobless – Actively seeking work Calculation : (Unemployed x 100%) ___________________ Labour force

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Measures Macroeconomic objective is low unemployment. Is FULL EMPLOYMENT POSSIBLE? (3% Ue) Labour Force Survey (LFS) – The ONS surveys 60,000 households on type of employment; earnings and Ue. – Published every month using International Labour Organisation definition of Ue. (UN body) Claimant Count – Montlhy count of those claiming Ue benefits. – JSA

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Unemployment UK Unemployment (LFS) and the claimant count, Explain why there is a difference between the two curves

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. p. 107 text Difficulties LFS captures more people as some are Ue, but not entitled to benefits. – ‘Doing the Double’ – Working and benefits – Under 18 out of school Which is better for International comparisons? Claimant count is relatively inexpensive and quick to assemble

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Videos Costs

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. p. 107 text Costs of Ue TO Society – Lower tax revenues – Higher benefit payments – Social costs: crime, vandalism, family breakdowns and social welfare support, regional decay – Opportunity cost of lost potential output

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Costs of Ue TO individual: –De-skilling –Loss of self-esteem –Lower income – reduced purchasing power and lower standard of living –Effects on the family unit –Increase in likelihood of stress related illnesses and mental breakdown

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. p. 107 text Causes – Frictional Unemployment – where people become unemployed between jobs – Seasonal Unemployment – caused by the seasonal nature of some types of employment – e.g. holiday resorts – Structural Unemployment – caused by changes to the structure of industry in the economy – e.g. the decline of the coal and iron. Or technological Ue due to advances in technology elsewhere. – Cyclical Unemployment due to lack of AD. (Demand deficit Ue)

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Hi Jimmy, you know where our next job is at yet?

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment.

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Unemployment Objectives Define Measurement methods Causes of Ue – Consequences to follow later

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Plenary 1.To what extent is structural unemployment the biggest concern for government (8) 1.The claimant count is no longer a viable measurement of unemployment (8)

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Lesson Objectives ALL (KNOWLEDGE) Define and describe the terms Unemployment MOST (ANALYSIS) Examine and Analyse the types of Unemployment SOME (EVALUATION ) Evaluate & Justify your views of different types of Unemployment P&D Planning and Planning and Data Higher thinking Skills

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Climb the Ladder A-A* 1.To what extent 2.Do you think 3.Evaluate whether (8-10m) 10+ connectives & key words C-B 1.Explain 2.Compare 3.Analyse (5-8m) 5+ connectives & key words E-D 1.Define 2.Describe 3.Identify (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Pass the Parcel Add as much information you can remember from today’s lesson When the horn blows – pass your sheet to the next table! R Review the Learning Review the Learning

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Neighbours 2 things your neighbour has learnt today 1 question your neighbour wants to ask R Review the Learning Review the Learning

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Summarise your learning today into a single tweet 140 characters Keep all of the information Tweet STOP R Review the Learning Review the Learning

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. 1 question you need to ask 2 new things you learnt 3 pieces of information R Review the Learning Review the Learning

Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. 5 minutes... GO STOP