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Disguised unemployment - PowerPoint PPT Presentation

Unemployment and its natural rate

Unemployment and its natural rate. Chapter 28. What we learn in this chapter?. This is the last chapter of Part IX : the real economy in the long run In Chapter 24 we established the link between production, capital accumulation and the standard of living through the production function

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534 views • 36 slides

Theories of Economic Development - 1

Theories of Economic Development - 1. Lecture 11. Nurkse's Model of Vicious Circle of Poverty (VCP) and Economic Development. Definition and Explanation. According to Prof. Nurkse : "It is the vicious circle of poverty (VCP) which is responsible for backwardness of UDCs".

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249 views • 14 slides

Technological Dualism

Technological Dualism. Lecture 17. Definition and Explanation: Professor Higgins has developed the theory of Technological Dualism. "The use of different production functions in the advance sector and in the traditional sectors of UDCs". Explanation

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150 views • 14 slides

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Disguised unemployment - PowerPoint PPT Presentation

Unemployment and its natural rate

Theories of Economic Development - 1

Technological Dualism