ECO 201
Module 8 - Course Objectives

Jobs and Unemployment

6.1 Define the unemployment rate and other labor market indictors. 

6.2  Describe the trends and fluctuations in the indicators of labor market performance in the United States.

6.3 Describe the sources and types of unemployment, define full employment, and explain the link between unemployment and real GDP.

Assessment  Method

A.  Do the Self-Test questions in your Study Guide as if they were real exam questions, which means do them without looking at the answers. 

B.  You will learn the most from right answers you had to struggle for, and from your wrong answers and mistakes.  Only after you have attempted all the questions should you look at the answers in your Study Guide. 

C.  When you check your answers, be sure to understand where you went wrong and why the right answer is correct.

Take Self-Test 6.1, and Self-Test 6.2, and Self-Test 6.3 in your Study Guide before taking Exam #2.