Slide 1Chapter 16 Unemployment: Search and Efficiency Wages Slide 2 Copyright © 2005 Pearson Addison-Wesley. All rights reserved. 16-2 Figure 16.1 The U.S. Unemployment…

Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 11 Market-Clearing Models of the Business Cycle Slide 2 Copyright © 2008 Pearson Addison-Wesley.…

Slide 1Chapter 11 Market-Clearing Models of the Business Cycle Slide 2 Copyright © 2005 Pearson Addison-Wesley. All rights reserved. 11-2 Figure 11.1 The Effects of an Unanticipated…

Chapter 16 Topics Behavior of the unemployment rate, participation rate, employment/population ratio. Search model of unemployment. Efficiency wage model. Key Determinants…

Slide 1 Demand, Supply and Equilibrium Slide 2 ●Deriving the Supply Curve ●Supply and Demand Equilibrium ●Effects of Demand and Supply Shifts on Equilibrium ●Welfare…