Unemployment - Theories

In this section we look at some of the causes of unemployment and consider how its performance may be linked to other economic variables. The theories considered are:

• T1 Costs of unemployment - who pays?
• T2 Types of unemployment - which type is typical?
• T3 Causes of unemployment - whose fault is it?
• T4 Phillips Curve - is unemployment inflated?

Intro | T1 | T2 | T3 | T4