JOURNAL OF APPLIED BUSINESS AND ECONOMICS
Important Theories of Unemployment and Public Policies
Author(s): Adil H. Mouhammed
Citation: Adil H. Mouhammed, (2011) "Important Theories of Unemployment and Public Policies," Journal of Applied Business and Economics, Vol. 12, Iss. 5, pp. 100 - 110
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.