Unemployment and supply-side policy

Unemployment and economic policy are common topics for assessment in examinations. Understanding how various policies work in reducing unemployment is therefore very important. As David Horner explains, unemployment has multiple causes and the same policy is not always appropriate in reducing the numbers of those without work. In this article we will be looking at interventionist supply-side policies

David Horner

Investment in education and training services can help to reduce structural employment

Supply-side policies are a common area for assessment. Increasingly it is also important to understand that there are different types of supplyside policies. For example, some supply-side policies focus on labour markets; some focus on freeing up markets so that they are more likely to reach an allocatively efficient outcome. In this article we will consider interventionist supply-side policies, through the following suggested essay title:

Evaluate the view that low unemployment can best be achieved through the use of interventionist supply-side policies.