Transcript TRŽIŠTE I CIJENE

UWC in Mostar
Academic year 2007 / 2008
ECONOMICS
Standard Level – Second Year
Azra Bajramović
MACROECONOMICS
Measures to deal with Unemployment
Search (frictional) unemployment can be reduced by:
 Reducing unemployment benefits.
 Creating employment agencies to reduce the search
time.
 Study-work programs
MACROECONOMICS
Measures to deal with Unemployment
Structural unemployment can be reduced through retraining
and relocation:
 Older workers resist changes and are reluctant to
admit that innovations have destroyed the value of the
knowledge and experience that they already have.
 Employers tend to hire younger workers who will learn
the new skill faster.
MACROECONOMICS
Measures to deal with Unemployment
Cyclical unemployment can be reduced with appropriate
fiscal and monetary policy.
MACROECONOMICS
Measures to deal with Unemployment
QUESTIONS FOR DISCUSSION:
 What types of measures were used in countries you have
researched?
 Were those measures successful or not? Why?
 What would you suggest?