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  1. Revision notes
  2. A Level
  3. Economics
  4. Edexcel
  5. A-A* (AO3/4) - Labour Productivity & Unemployment

A-A* (AO3/4) - Labour Productivity & Unemployment

Economics: Edexcel A A Level, topic 6.2.4

Test yourself on A-A* (AO3/4) - Labour Productivity & Unemployment

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Previous topic6.2.3 Labour Market ImperfectionsNext topic6.2.5 A-A* (AO3/4) - What Level of Unionisation is Good?

Economics: Edexcel A A Level contents

  1. 1 Introduction to Markets

    • 1.1 Nature of Economics

      • 1.1.1 Economics as a Social Science
      • 1.1.2 Positive & Normative Economic Statements
      • 1.1.3 The Economic Problem
      • 1.1.4 Resources
      • 1.1.5 Production Possibility Frontiers
      • 1.1.6 Specialisation & Division of Labour
      • 1.1.7 Types of Economies
      • 1.1.8 End of Topic Test - Nature of Economics
      • 1.1.9 Application Questions - Nature of Economics
    • 1.2 How Markets Work

      • 1.2.1 Rational Decision Making
      • 1.2.2 Demand
      • 1.2.3 Elasticities of Demand
      • 1.2.4 Elasticities of Demand 2
      • 1.2.5 Elasticity & Revenue
      • 1.2.6 Supply
      • 1.2.7 Elasticity of Supply
      • 1.2.8 Price Determination
      • 1.2.9 Price Mechanism
      • 1.2.10 Consumer & Producer Surplus
      • 1.2.11 Indirect Taxes & Subsidies
      • 1.2.12 A-A* (AO3/4) - Taxing Prices or Quantities?
      • 1.2.13 Alternative View of Consumer Behaviour
      • 1.2.14 End of Topic Test - Markets
      • 1.2.15 A-A* (AO3/4) - Markets
  2. 2 Market Failure

    • 2.1 Market Failure

      • 2.1.1 Types of Market Failure
      • 2.1.2 Externalities
      • 2.1.3 The Deadweight Welfare Loss of Externalities
      • 2.1.4 A-A* (AO3/4) - The Externalities of Education
      • 2.1.5 Public Goods
      • 2.1.6 Information Gaps
      • 2.1.7 End of Topic Test - Market Failure
      • 2.1.8 Application Questions - Market Failure
    • 2.2 Government Intervention

      • 2.2.1 Government Intervention in Markets
      • 2.2.2 Subsidies & Price Controls
      • 2.2.3 Pollution Permits & Regulation
      • 2.2.4 A-A* (AO3/4) - European Emissions Trading
      • 2.2.5 State Provision & Information Provision
      • 2.2.6 Government Failure
      • 2.2.7 End of Topic Test - Government Intervention
      • 2.2.8 A-A* (AO3/4) - Government Intervention
  3. 3 The UK Macroeconomy

    • 3.1 Measures of Economic Performance

      • 3.1.1 Measuring Economic Growth
      • 3.1.2 National Income Data
      • 3.1.3 Inflation
      • 3.1.4 Causes of Inflation
      • 3.1.5 Consequences of Inflation
      • 3.1.6 Employment & Unemployment
      • 3.1.7 Causes & Impact of Unemployment
      • 3.1.8 A-A* (AO3/4) - Hysteresis
      • 3.1.9 Balance of Payments
      • 3.1.10 Current Account Deficit & Imbalances
      • 3.1.11 End of Topic Test - Economic Performance
      • 3.1.12 Application Questions Macroeconomy
    • 3.2 Aggregate Demand

      • 3.2.1 Aggregate Demand
      • 3.2.2 Consumption
      • 3.2.3 Investment
      • 3.2.4 Government Expenditure
      • 3.2.5 Net Trade
      • 3.2.6 End of Topic Test - Aggregated Demand
      • 3.2.7 Application Questions - AD
    • 3.3 Aggregate Supply

      • 3.3.1 Aggregate Supply
      • 3.3.2 End of Topic Test - Aggregated Supply
      • 3.3.3 A-A* (AO3/4) -Aggregate Supply
    • 3.4 National Income

      • 3.4.1 National Income
      • 3.4.2 Injections & Withdrawals
      • 3.4.3 Equilibrium Level of Real National Output
      • 3.4.4 Multiplier Effect
      • 3.4.5 End of Topic Test - National Income
      • 3.4.6 Application Questions - National Income
    • 3.5 Economic Growth

      • 3.5.1 Causes of Economic Growth
      • 3.5.2 Output Gaps
      • 3.5.3 Business Cycle
      • 3.5.4 Impact of Economic Growth
      • 3.5.5 End of Topic Test - Economic Growth
      • 3.5.6 A-A* (AO3/4) - Growth
  4. 4 The UK Economy - Policies

    • 4.1 Macroeconomic Objectives & Policies

      • 4.1.1 Possible Objectives
      • 4.1.2 Demand-Side Policies - Monetary
      • 4.1.3 Demand-Side Policies - Monetary 2
      • 4.1.4 A-A* (AO3/4) - The Future of Interest Rates
      • 4.1.5 Demand-Side Policies - Fiscal
      • 4.1.6 Demand-Side Policies in 2007-08
      • 4.1.7 Strengths & Weaknesses of Demand Side
      • 4.1.8 Supply-Side Policies
      • 4.1.9 Supply-Side Policies 2
      • 4.1.10 Conflicts Between Objectives
      • 4.1.11 A-A* (AO3/4) - Conflicting Incentives
      • 4.1.12 Phillips Curve
      • 4.1.13 End of Topic Topic - Policies & Objectives
      • 4.1.14 Application Questions - UK Policies
  5. 5 Business Behaviour

    • 5.1 Business Growth

      • 5.1.1 Size & Types of Firms
      • 5.1.2 Business Growth
      • 5.1.3 Pros & Cons of External Expansion
      • 5.1.4 Demergers
      • 5.1.5 End of Topic Test - Business Growth
      • 5.1.6 A-A* (AO3/4) - Business Growth
    • 5.2 Business Objectives

      • 5.2.1 Business Objectives
      • 5.2.2 End of Topic Test - Business Objectives
      • 5.2.3 Application Questions - Business Objectives
    • 5.3 Revenues, Costs & Profits

      • 5.3.1 Revenue
      • 5.3.2 Costs
      • 5.3.3 Economies & Diseconomies of Scale
      • 5.3.4 Profits
      • 5.3.5 Profits 2
      • 5.3.6 End of Topic Test - Revenue, Costs & Profits
      • 5.3.7 A-A* (AO3/4) - Revenue, Costs & Profit
  6. 6 Market Structures

    • 6.1 Market Structures

      • 6.1.1 Efficiency
      • 6.1.2 Perfect Competition
      • 6.1.3 Perfect Competition 2
      • 6.1.4 Monopolistic Competition
      • 6.1.5 Oligopolies
      • 6.1.6 The Prisoner's Dilemma
      • 6.1.7 Collusion in Oligopolistic Markets
      • 6.1.8 A-A* (AO3/4) - Which Factors Affect Collusion?
      • 6.1.9 Monopolies
      • 6.1.10 Price Discrimination
      • 6.1.11 Monopsony
      • 6.1.12 A-A* (AO3/4) - Models in Economics
      • 6.1.13 Contestability
      • 6.1.14 Benefits of Contestability
      • 6.1.15 End of Topic Test - Market Structures
      • 6.1.16 Application Questions - Market Structures
      • 6.1.17 A-A* (AO3/4) - Cereal Collusion
    • 6.2 Labour Market

      • 6.2.1 Demand for Labour
      • 6.2.2 Supply of Labour
      • 6.2.3 Labour Market Imperfections
      • 6.2.4 A-A* (AO3/4) - Labour Productivity & Unemployment
      • 6.2.5 A-A* (AO3/4) - What Level of Unionisation is Good?
      • 6.2.6 Wage Determination
      • 6.2.7 Elasticity of Labour Supply & Demand
      • 6.2.8 Intervention in Setting Wages
      • 6.2.9 End of Topic Test - Labour Market
      • 6.2.10 A-A* (AO3/4) - Labour Markets
    • 6.3 Government Intervention

      • 6.3.1 Reasons for Government Intervention
      • 6.3.2 Government Promotion of Competition
      • 6.3.3 Usefulness of Competition Policy & Examples
      • 6.3.4 A-A* (AO3/4) - Modern Competition Policy
      • 6.3.5 Privatisation
      • 6.3.6 Government Regulation
      • 6.3.7 A-A* (AO3/4) - Nationalisation vs Privatisation
      • 6.3.8 Government Protection of Suppliers and Employees
      • 6.3.9 Impact of Government Intervention
      • 6.3.10 End of Topic Test - Government Intervention
      • 6.3.11 Application Questions - Government Intervention
  7. 7 A Global Perspective

    • 7.1 International Economics - Globalisation & Trade

      • 7.1.1 Globalisation
      • 7.1.2 Globalisation for LEDCs
      • 7.1.3 Globalisation for MEDCs
      • 7.1.4 Specialisation & Trade
      • 7.1.5 Pattern of Trade
      • 7.1.6 Terms of Trade
      • 7.1.7 Trading Blocs
      • 7.1.8 UK, EU & WTO
      • 7.1.9 End of Topic Test - Globalisation & Trade
      • 7.1.10 A-A* (AO3/4) - Globalisation & Trade
    • 7.2 International Economics - Currency

      • 7.2.1 Merged Currency
      • 7.2.2 Restrictions on Free Trade
      • 7.2.3 Arguments for Protectionism
      • 7.2.4 Arguments Against Protectionism
      • 7.2.5 Balance of Payments
      • 7.2.6 Balance of Payments 2
      • 7.2.7 Floating Exchange Rates
      • 7.2.8 Fixed Exchange Rate
      • 7.2.9 International Competitiveness
      • 7.2.10 End of Topic Test - International Economy
      • 7.2.11 Application Questions - International Economics
  8. 8 Finance & Inequality

    • 8.1 Poverty & Inequality

      • 8.1.1 Absolute & Relative Poverty
      • 8.1.2 Inequality
      • 8.1.3 Inequality 2
      • 8.1.4 Lorenz Curve
      • 8.1.5 Government Policy on Poverty
      • 8.1.6 End of Topic Test - Poverty & Inequality
      • 8.1.7 A-A* (AO3/4) - Inequality & Poverty
    • 8.2 Emerging & Developing Economies

      • 8.2.1 Measures of Development
      • 8.2.2 Factors Influencing Growth & Development
      • 8.2.3 Barriers to Development
      • 8.2.4 Barriers to Development 2
      • 8.2.5 A-A* (AO3/4) - The Bottom Billion
      • 8.2.6 Development Strategies
      • 8.2.7 Interventionist Strategies
      • 8.2.8 Aid
      • 8.2.9 International Institutions
      • 8.2.10 International Institutions 2
      • 8.2.11 End of Topic Test - Emerging & Developing
      • 8.2.12 Application Questions - Developing Countries
    • 8.3 The Financial Sector

      • 8.3.1 Role of Financial Markets
      • 8.3.2 Market Failure in the Financial Sector
      • 8.3.3 Role of Central Banks
      • 8.3.4 End of Topic Test - The Financial Sector
      • 8.3.5 A-A* (AO3/4) - Financial Sector
    • 8.4 Role of the State in the Macroeconomy

      • 8.4.1 Public Expenditure
      • 8.4.2 Taxation
      • 8.4.3 Public Sector Finances
      • 8.4.4 End of Topic Test - Role of the State
      • 8.4.5 Application Questions - Role of the State
  9. 9 Examples of Global Policy

    • 9.1 International Policies

      • 9.1.1 Global Debt & Deficit Policies
      • 9.1.2 Poverty & Inequality Policies
      • 9.1.3 Changes in Interest Rates
      • 9.1.4 Competitiveness Policies
      • 9.1.5 End of Topic Test - International Policies
      • 9.1.6 A-A* (AO3/4) - International Policies
    • 9.2 Policy Responses to Shocks

      • 9.2.1 International Tax Policies
      • 9.2.2 Problems for Policymakers
      • 9.2.3 End of Topic Test - Policy Responses
      • 9.2.4 Application Questions - Policy Responses

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