Gce Model Questions Vol1 2019 Economics Question 10

Practice essay / theory question 10 from the 2019 Gce Model Questions Vol1 Economics examination. This question covers Unemployment .

Gce Model Questions Vol1 2019 Economics Essay / Theory

Topic: Unemployment

Question 10 GCE_MODEL_QUESTIONS_VOL1 • 2019 • ECONOMICS • essay

Nigeria's labour market shows a mixture of structural, frictional and cyclical unemployment.

Question Parts

( a )

Define structural unemployment and explain two factors that contribute to it in the Nigerian context.

( b )

The government proposes a vocational training programme aimed at reducing structural unemployment. Using a supply‑and‑demand framework for labour, illustrate and explain how such a programme could shift the labour market. State any assumptions required.

( c )

Critically assess the likely impact of a minimum wage increase from ₦30,000 to ₦45,000 per month on unemployment levels, considering both short‑run and long‑run effects. Include discussion of possible informal‑sector expansion.

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About This Question

This is Gce Model Questions Vol1 2019 Economics Question 10. It is one of the essay questions from the 2019 Gce Model Questions Vol1 Economics examination.

The question covers Unemployment .

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