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ECN 004(Online Discussion/Quiz 2—-Demand and Supply of Labour)—31-5-2022

Tony Orji by Tony Orji
May 31, 2022
in Assignment And Quiz
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ECN 004(Online Discussion/Quiz 2—-Demand and Supply of Labour)—31-5-2022

Questions for discussion

  1. What do you understand by Supply and Demand for Labour?
  2. Why is the labour supply curve backward bending?
  3. Clearly explain the meaning of Labor Productivity and its importance
  4. What do understand by the concept of unemployment?
  5. Discuss the differences between Underemployment and Underemployment
  6. Clearly explain the various types, causes and consequences of unemployment
  7. The Phillips’ curve means different things to different scholars and economies. Discuss.
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Dr Anthony Orji is a Ph.D holder in Economics and a lecturer at the Department of Economics, University of Nigeria Nsukka.

He obtained his B.Sc, Msc and Ph.D Degrees from the University of Nigeria, Nsukka and a Post Graduate Diploma in Sustainable Local Economic Development (SLED) from Erasmus University, Rotterdam Netherlands.

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