1. Unemployment By: Isamu, Marc and Oscar

2. What is it?

3. How is it measured?

4. What are the Types? Frictional Structural Cyclical Seasonal Real Wage

5. Frictional

6. Structural

7. Cyclical

8. Seasonal

9. Real Wage

10. Recent Unemployment in France and Spain

11. Causes of Unemployment?

12. Factors affecting Levels of Unemployment

13. Costs of Unemployment

14. Crowding Out

15. Government Policies Fiscal Policy – Government Expenditure and Taxes Monetary Policy Exchange Rate Policy Employment Subsidies Investment in worker training

16. How effective are those Policies? Keynesians vs. Monetarists Fiscal Policy vs. Monetary Policy

17. The End