Unemployment

Unemployment Economics

Unemployment economics studies the causes, consequences, and potential solutions to unemployment. It examines the complex interplay of factors influencing job creation and job loss within an economy. Key Characteristics / Core Concepts Labor Force Participation Rate: The percentage of the working-age population actively seeking employment. Unemployment Rate: The percentage of the labor force that is … Read more

Macroeconomics

Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on broad aggregates and their interactions within the entire economic system. Key Characteristics / Core Concepts Aggregate Demand and Supply: The overall demand and supply of goods and services in an economy. Economic Growth: The … Read more