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Cambridge IGCSE Economics practice

Paper 2 structured question: Employment and unemployment

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2

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1

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Topic

Employment and unemployment

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Paper 2Structured Questions1 marks

Understanding labor market dynamics is essential for economic analysis.

Description

Definitions of Employment and Unemployment

Employment refers to individuals who are actively engaged in work and receiving payment. Unemployment is the state of individuals who are willing and able to work but cannot find a job.

  1. a

    State the definition of employment.

    Aim for approximately 1 distinct marking point.

    [1]

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Paper 2 structured question: Employment and unemployment

Paper 2Structured Questions3 marks

Description

Understanding Unemployment

Unemployment is the state of individuals who are willing and able to work but cannot find a job. It can have significant effects on the economy.

  1. a

    Explain the impact of high unemployment on the economy.

    Aim for approximately 3 distinct marking points.

    [3]