Employment and unemployment
What Employment and unemployment means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Employment and unemployment
Check what you remember
Read the wording for your board, then hide it and explain Employment and unemployment in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Jobs are created through the derived demand for labour when aggregate demand and production increase.
Topics that use Employment and unemployment
- Demand-side policies (Pearson Edexcel A-Level)
Related terms
- Aggregate demand
- Demand-pull inflation
- Fiscal policy
- Investment
- Macroeconomic equilibrium
- Macroeconomic objectives
- Monetary policy
- Policy conflicts
Using Employment and unemployment in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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