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4.6.4 Consequences of unemployment

Topic 4.6.4 - Consequences of unemployment This section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the consequences of unemployment for: Recall that full employment (or low unemployment) is a key macroeconomic objective. This is because unemployment can create significant negative consequences to individuals (as well as their families and children), firms, and the economy as a...

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