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Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 CHAPTER 1 unemployment.

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Presentation on theme: "Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 CHAPTER 1 unemployment."— Presentation transcript:

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2 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 CHAPTER 1 unemployment

3 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.1 Unemployment Around the World

4 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.2 The Anatomy of Canadian Unemployment

5 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.3 Okun’s Law

6 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.4 Work Hours and Employment

7 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.5 Labour Market Flows

8 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.6 Equilibrium Employment and Unemployment

9 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.7 Unemployment, the Labour Force, and the Supply of Labour

10 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.8 Labour Market Equilibrium

11 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.9 The Natural Rate of Unemployment

12 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.10 Cyclical and Natural Unemployment

13 Bade-Parkin: Modern Macroeconomics, 4 th Edition, © Prentice Hall Canada, 2000 Figure 12.11 Two Views of the 1990s Recession


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