This is one of a set of Powerpoints (and accompanying Notes/Key Terms sheets) that I have created for my own teaching of the macroeconomic topics in the new (linear) AQA AS Economics specification (7135). They follow the order of teaching recommended by the exam board and (generally) the AQA-approved textbook (Powell & Powell, 2015).
Key terms covered in this Powerpoint: (references to the specification):
3.2.3.2 Employment and unemployment
• The terms seasonal, frictional, structural and cyclical unemployment.
• How employment and unemployment may be determined by both demand-side and supply-side factors.
• How changes in the rest of the world affect employment and unemployment in the UK.
• Students should appreciate that unemployment has a variety of causes and hence the appropriate policies to reduce unemployment depend on the cause.
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