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This powerpoint is purposefully made for iGCSE Economics using the most recent Cambridge syllabus.

It fully covers - 4.6 Employment and unemployment

4.6.1 Definitions of employment, unemployment and full employment

4.6.2 Measurement of unemployment
• how unemployment is measured (labour force survey)
• formula for the unemployment rate

4.6.3 Causes/types of unemployment
• frictional unemployment
• structural unemployment
• cyclical unemployment
• seasonal unemployment

4.6.4 Consequences of unemployment
• consequences of unemployment for the individual, producers/firms, the government and the economy

4.6.5 Policies to reduce unemployment
• the range of policies available to reduce unemployment and their effectiveness