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Unemployment rate patterns and trends in unemployment

Consequences of unemployment

Types of unemployment

Full employment and the natural rate of unemployment

Labour productivity

Size and components of the labour force

Characteristics of developed, developing and emerging BRICS economies

Indicators of living standards and economic development

Purchasing power parity and living standards

Purchasing power parity

National debt

GDP GNP GNI

Introduction to national income statistics

Costs and benefits of economic growth

Factors contributing to economic growth

Output gaps

The business (trade) cycle

Actual vs potential economic growth

Economic growth, development and sustainability

Government failure in microeconomic intervention

Wage determination in imperfect markets

Transfer earnings and economic rent

Wage determination in perfect markets

The elasticity of the supply of labour

Shifting the labour supply curve

Firm and industry labour supply curve in a perfectly competitive labour market

Pecuniary and non-pecuniary benefits of labour

Backward bending supply curve of labour for individuals

Elasticity of demand for labour

Marginal revenue product

Shifting the labour demand curve

Factors affecting the demand curve for labour

The Lorenz curve and Gini coefficient

Intergenerational equity

Poverty trap analysis

Proportional and regressive taxes

Negative income tax

Inheritance and capital gains tax

Progressive income tax

Means tested benefits and transfer payments