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3.5 - Unemployment - Measuring Unemployment - Changes in Employment Status - In Touch With the Macroeconomy: - Labor Market Data - How Long Are People.

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Presentation on theme: "3.5 - Unemployment - Measuring Unemployment - Changes in Employment Status - In Touch With the Macroeconomy: - Labor Market Data - How Long Are People."— Presentation transcript:

1 3.5 - Unemployment - Measuring Unemployment - Changes in Employment Status - In Touch With the Macroeconomy: - Labor Market Data - How Long Are People Unemployed ? - Why There Always Are Unemployed People

2 3.6 - Relating Output and Unemployment Okun's Law - Chapter Summary - Key Terms - Key Equations - Review Questions - Numerical Problems - Analytical Problems - The Conference Board ® Exercises - Appendix 3.A The Growth Rate Form of Okun's Law

3 Consumption, Saving, and Investment 4.1 - Consumption and Saving - The Consumption and Saving Decision of an Individual - Effect of Changes in Current Income - Effect of Changes in Expected Future Income - Application Consumer Sentiment and the 1990-1991 Recession - Effect of Changes in Wealth - Application The Response of Consumption to Stock Market Crashes and Booms - Effect of Changes in the Real Interest Rate - Fiscal Policy - In Touch With the Macroeconomy : - Interest


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