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4.6 Employment & unemployment

Topic 4.6 - Employment and unemployment

This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics. Click on the hyperlink to access the relevant content for this section of the syllabus.

SectionTopicGuidance
4.6.1Definitions of employment, unemployment and full employment-
4.6.2Measurement of unemployment
  • how unemployment is measured (labour force survey)
  • formula for the unemployment rate
4.6.3Causes/types of unemployment
  • frictional unemployment
  • structural unemployment
  • cyclical unemployment
  • seasonal unemployment
4.6.4Consequences of unemploymentConsequences of unemployment for (i) the individual, (ii) producers/firms, (iii) the government, and (iv) the economy
4.6.5Policies to reduce unemploymentThe range of policies available to reduce unemployment and their effectiveness

Please click on the relevant hyperlink below to access additional InThinking resources for this section of the syllabus.

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