JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Important Theories of Unemployment and Public Policies
Author(s): Adil H. Mouhammed
Citation: Adil H. Mouhammed, (2012) "Important Theories of Unemployment and Public Policies," Vol. 13, Iss. 2, pp. 156 - 166
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper intends to analyze the most important theories of unemployment. These theories are scientifically developed and confirmed by economists representing various schools of economic thought such as the Keynesian and the classical schools of political economy. These theories are used to develop some essential public policies that can be employed to reduce the unemployment rate.