Module The Meaning and Calculation of Unemployment KRUGMAN'S MACROECONOMICS for AP* 12 Margaret Ray and David Anderson.

Slides:

Advertisements

Similar presentations

Module Growth Policy: Why Economic Growth Rates Differ KRUGMAN'S MACROECONOMICS for AP* 39 Margaret Ray and David Anderson.

Advertisements

Section 3B- Modules 12/13 Unemployment

Interpreting Price Elasticity of Demand

The Market for Labor Module KRUGMAN'S MICROECONOMICS for AP* 35 71

Module Supply and Demand: Introduction and Demand

Module Equilibrium in the Aggregate Demand- Aggregate Supply Model

AP Economics Mr. Bernstein Module 12: The Meaning and Calculation of Unemployment February 6, 2015.

Module Supply and Demand: Changes in Equilibrium

Introduction to Macroeconomics The Business Cycle and Measures of Performance.

Consumer and Producer Surplus

The Phillips Curves Module 34. Figure 34.1 Unemployment and Inflation, 1955–1968 Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright.

Module The Production Possibilities Curve Model

ECO Global Macroeconomics TAGGERT J. BROOKS.

Module Aggregate Supply: Introduction and Determinants KRUGMAN'S MACROECONOMICS for AP* 18 Margaret Ray and David Anderson.

Module Putting it All Together

Income Distribution and Income Inequality

Module The Meaning and Calculation of Unemployment

Module Exchange Rate Policy KRUGMAN'S MACROECONOMICS for AP* 43 Margaret Ray and David Anderson.

Module 12 Mar  Defining and Measuring Unemployment ◦ Employed – you have a job ◦ People not considered – retired, disabled, institutionalized,

Defining Profit Lesson 4.52, Understanding Profit (52) Profit = Total Revenue – Total Costs Explicit vs Implicit Costs – Explicit costs require.

Long Run Economic Growth

Module Supply and Demand: Supply and Equilibrium

Module Equilibrium in the Aggregate Demand- Aggregate Supply Model

Module 29 The Market for Loanable Funds KRUGMAN'S

Module Comparative Advantage and Trade KRUGMAN'S MACROECONOMICS for AP* 4 Margaret Ray and David Anderson.

1 of 35 chapter: 8 >> Krugman/Wells ©2009  Worth Publishers Meaning and Calculation of Unemployment.

Meaning & Calculation of Unemployment. Objectives: How is unemployment measured and calculated? What is the relationship between the unemployment rate.

Module Interpreting Real Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 11 Margaret Ray and David Anderson.

Module The Circular Flow and Gross Domestic Product KRUGMAN'S MACROECONOMICS for AP* 10 Margaret Ray and David Anderson.

Introduction to Macroeconomics The Business Cycle and Measures of Performance.

Module Economic Growth in Macroeconomic Models KRUGMAN'S MACROECONOMICS for AP* 40 Margaret Ray and David Anderson.

Module The Foreign Exchange Market KRUGMAN'S MACROECONOMICS for AP* 42 Margaret Ray and David Anderson.

KRUGMAN'S MICROECONOMICS for AP* Introduction to Perfect Competition Margaret Ray and David Anderson Micro: Econ: Module.

Module Productivity and Growth KRUGMAN'S MACROECONOMICS for AP* 38 Margaret Ray and David Anderson.

KRUGMAN'S MICROECONOMICS for AP* The Market for Labor Margaret Ray and David Anderson Micro: Econ: Module.

Module Inflation and Unemployment: The Phillips Curve

Module The Measurement and Calculation of Inflation KRUGMAN'S MACROECONOMICS for AP* 15 Margaret Ray and David Anderson.

KRUGMAN'S MICROECONOMICS for AP* Introduction to Monopoly Margaret Ray and David Anderson Micro: Econ: Module.

Utility Maximization Lesson Utility as Satisfaction Utility and Consumption – Utility is an imaginary measure of satisfaction. Principle of Diminishing.

Module Monetary Policy and the Interest Rate

Module The Production Possibilities Curve Model KRUGMAN'S MACROECONOMICS for AP* 3 Margaret Ray and David Anderson.

Module Comparative Advantage and Trade

Consumer and Producer Surplus Lesson Consumer Surplus and the Demand Curve Willingness to Pay – The demand curve is based on the individual choices.

Opening Questions (Discuss in Small Groups) 1.How would you characterize the relationship between GDP and Unemployment? 2.Which demographic groups, if.

Interpreting Price Elasticity of Demand Unit 3.47.

Module Supply and Demand: Quantity Controls KRUGMAN'S MACROECONOMICS for AP* 9 Margaret Ray and David Anderson.

Module The Meaning and Calculation of Unemployment KRUGMAN'S MACROECONOMICS for AP* 13 Margaret Ray and David Anderson.

Module Capital Flows and the Balance of Payments KRUGMAN'S MACROECONOMICS for AP* 41 Margaret Ray and David Anderson.

Efficiency and Tradeoffs in Production The Production Possibilities Curve.

Module Long-run Economic Growth KRUGMAN'S MACROECONOMICS for AP* 37 Margaret Ray and David Anderson.

Module Introduction to Macroeconomics KRUGMAN'S MACROECONOMICS for AP* 2 Margaret Ray and David Anderson.

Module Productivity and Growth KRUGMAN'S MACROECONOMICS for AP* 38 Margaret Ray and David Anderson.

Module Money, Output, and Prices in the Long Run KRUGMAN'S MACROECONOMICS for AP* 32 Margaret Ray and David Anderson.

Production Function and Costs Lesson The Production Function (54) The Production Function is the relationship between inputs to a business.

KRUGMAN'S MACROECONOMICS for AP* Module The Study of Economics 1 Margaret Ray and David Anderson NEW PICTURE TO COME.

Module The Meaning and Calculation of Unemployment

Module Introduction to Macroeconomics KRUGMAN'S MACROECONOMICS for AP* 2 Margaret Ray and David Anderson.

KRUGMAN'S MACROECONOMICS for AP* Module The Study of Economics 1 Margaret Ray and David Anderson NEW PICTURE TO COME.

Long Run Costs Module KRUGMAN'S MICROECONOMICS for AP* Micro:

Module Types of Inflation, Disinflation, and Deflation KRUGMAN'S MACROECONOMICS for AP* 33 Margaret Ray and David Anderson.

Module Long-run Economic Growth KRUGMAN'S MACROECONOMICS for AP* 37 Margaret Ray and David Anderson.

MODULE 12 The Meaning and Calculation of Unemployment

Section 3 Module 12.

Please read the following License Agreement before proceeding.

Module The Meaning and Calculation of Unemployment

Module The Meaning and Calculation of Unemployment

Module The Meaning and Calculation of Unemployment

Module The Meaning and Calculation of Unemployment

Module The Production Possibilities Curve Model

Macroeconomics Chapter 2: Economic Models: Trade-offs and Trade

Presentation transcript:

Module The Meaning and Calculation of Unemployment KRUGMAN'S MACROECONOMICS for AP* 12 Margaret Ray and David Anderson

What you will learn in this Module : How unemployment is measured How the unemployment rate is calculated The significance of the unemployment rate for the economy The relationship between the unemployment rate and economic growth

Defining and Measuring Unemployment Labor Force Participation Rate Unemployment Rate Employed Unemployed Labor Force

The Significance of the Unemployment Rate Indicator of employment opportunity Overstating the true level of unemployment Understating the true level of unemployment discouraged workers marginally attached workers underemployed

The Significance of the Unemployment Rate 2007

Growth and Unemployment Recessions and unemployment Economic expansions and unemployment Except Relationship between economic growth and unemployment

Figure 12.1 The U.S. Unemployment Rate, 1948–2010 Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright © 2011 by Worth Publishers

Figure 12.2 Alternative Measures of Unemployment, 1994–2010 Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright © 2011 by Worth Publishers

Figure 12.4 Unemployment and Recessions, 1978–2010 Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright © 2011 by Worth Publishers

Figure 12.5 Growth and Changes in Unemployment, 1949–2009 Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright © 2011 by Worth Publishers

Unnumbered Figure 12.1 Rocky Mountain Low Ray and Anderson: Krugman’s Macroeconomics for AP, First Edition Copyright © 2011 by Worth Publishers July 2007