Chapter 28: Unemployment

Calculating the unemployment rate 7:21
Challenges with interpreting unemployment numbers 15:00
Discouraged workers 17:23
Frictional unemployment 29:20
Structural unemployment 40:25

[roye]

These videos are simple and coherent, so they are not only for econ students. Anyone can learn from these educational videos. This is how all professors need to teach, entertaining and easy-to-follow. Thank you Dr. Azevedo.

[KLearningCoach]

Thank you so much for your lecture videos! They make a great supplement to any macroecon online class that does not provide lectures.

[samuelagyeman]

Thank you so much, these are great!!!

[aoTrangd-llqk]

Tks u so so much for ur explanation in this vid. It's tremendouly easy for me to comprehend and get a comprehensive understanding abt Unemployment. Tks a lot once again!

[mishaavalkova]

You are great!! Cannot really thank you enough for the knowledge and simple explanation!

[lpw]

Thank you so much, it's beneficial for my study.

[kelvinagudey-ggfz]

Everytime I feel like watching a football video while watching this video I discover something new

[yanabudaghyan]

Hi I wanted to ask which book you are using for the lectures? In our university we use Gregory Mankiw Principles of Macroeconomics 8th edition

[DeRobyJ]

I have a question: is the comparison between goods/services and workers generally valid for the supply and demand law?
Because the "buyers" have a different objective. The buyer of a good or service wants to convert money into that good or service, while the employer wants to convert money into more money, as workers create good or services to sell.

I think the employer will hire as long as the value created by the hire is higher than the cost.
I think in general the demand of the produced goods/services should be accounted too between the causes for unemployment. If people on average have less money to spend, they will have way less demand for many products, decreasing demand for workers by employers too.
With, for example, a minimum wage, many will have more money to spend, increasing the potential revenue of firms who might suddenly need the surplus workers that according to your explanation are going to be left out because of the min wage.

I'm not an economics student so I'm just asking a question, perhaps there's some other video, or book/paper I can read about this connection between demands

[nalinidhiman]

wait, can i ask how you'er drawing on the board??? it cant be a transparent board because if you are behind it then we should see everything flipped...??

[Legitjayesh]

Very helpful session to revise the unemployment chapter.

[owaisahmed]

Sir please make a video on Chapter 25 Production And Growth

[nsoumik]

Are people who make content on YouTube and get paid considered to be employed?

[aykoaykobiyebiye]

everything made perfect sense until now but the supply curve for the labor market has very low elasticity compared to what we draw in this lecture i think. cuz if there was no minimum wage firms wouldn't pay that much and we would still have close to same amount of ppl working if not more to survive/provide for kids etc.

yeah labors can do a strike but if the government does nothing i can just wait out for ppl to die starving and they will start working for lower wages anyway if they wanna live.

[tamrinimelda]

Mo ngapa ngapain susah, pengangguran #salamTAMRINgantenk

[maishasamiha]

he looks like coach beard from ted lasso

[lesteroliva]

Please the to the folks who want ridiculous minimum wage for unskilled labor 😂

[owaisahmed]

Sir please make a video on Chapter 25 Production And Growth

[owaisahmed]

Sir please make a video on Chapter 25 Production And Growth

[owaisahmed]

Sir please make a video on Chapter 25 Production And Growth