What you’ll learn7 learning objectivesChoose one objective for a focused lesson, or study the complete topic.9.3.1Full employment• Definition of full employmentSyllabus objective9.3.2Equilibrium/disequilibrium unemployment• Equilibrium and disequilibrium unemployment (including hysteresis)Syllabus objective9.3.3Voluntary/involuntary unemployment• Voluntary and involuntary unemploymentSyllabus objective9.3.4Natural rate of unemployment• Natural rate of unemployment:- definition- determinants- policy implicationsSyllabus objective9.3.5Employment trends• Patterns and trends in (un)employmentSyllabus objective9.3.6Labour mobility• Mobility of labour:- forms of labour mobility: geographical and occupational- factors affecting labour mobilitySyllabus objective9.3.7Unemployment policies• Policies to reduce unemployment and their effectivenessSyllabus objective