Part 11 - Macroeconomic Problems and Policies

Why the unemployment rate is one of the most important pieces of economic data that economists study. Economic education specialist Scott Wolla explains what unemployment is, how it is measured, and the different types of unemployment. (Video: 7m 19s)

Note: this is a video made in the US. The names and specific functions of the public institutions cited in it may not have exact equivalents in Canada.

This natural rate of unemployment video explains what is the natural rate of unemployment and why it is an important concept in macroeconomics.

(Video: 2m 14s)