Unemployment

Course Description

Summary

Employment not only provides access to livelihood, but also ensures other material conditions of people’s well-being. Yet, unemployment remains a ubiquitous problem of modern life. This seminar will explore microeconomic and macroeconomic theories of unemployment, and present empirical analysis of unemployment data to examine the causes and nature of the problem. The course will be based on readings of selected texts. The ideas will be explored verbally and through written expositions, and expressed in graphical and mathematical forms. Some very basic explorations of time series data will also be carried out.