Class 12 Economics: Unemployment
Chapter 6: Unemployment — defines who is unemployed, classifies the types, explains the causes and surveys the measures and state programmes. It covers Pigou's definition, the Raj Krishna measuring rods, open, under, disguised, cyclical and frictional unemployment, the population and policy causes, and schemes from MGNREGA to Skill India. GSEB Class 12 Commerce Economics notes covering 4 topics: Meaning and Measurement of Unemployment, Types of Unemployment, Causes of Unemployment, Measures to Reduce Unemployment and State Programmes.
Questions coming soon
Topics(4)
Meaning and Measurement of Unemployment
Meaning and Measurement of Unemployment — defines unemployment, separates voluntary from compulsory, and explains the four Raj Krishna measuring rods. GSEB Class 12 Commerce Economics notes with a definition box, an active-workforce band and a four-lens measurement stepper.
Types of Unemployment
Types of Unemployment — distinguishes five types with their settings, examples and remedies. GSEB Class 12 Commerce Economics notes with a type-comparison table, an open-unemployment profile and a disguised-unemployment farm figure.
Causes of Unemployment
Causes of Unemployment — groups the causes into demographic, growth, capital, education, public-sector and rural-infrastructure families. GSEB Class 12 Commerce Economics notes with a cause grid, a jobless-growth chart and a drain-of-brain callout.
Measures to Reduce Unemployment and State Programmes
Measures to Reduce Unemployment and State Programmes — sets out the seven measures, the Mahalanobis employment estimate and five named state schemes. GSEB Class 12 Commerce Economics notes with a measure map, an employment-per-crore comparison and a scheme timeline.