Lecture

Economic Growth and Employment Relationship

Description

This lecture explores the relationship between economic growth and employment, emphasizing the impact on life satisfaction. It delves into variables for employment algebra, illustrating the relationship between growth and employment with real-world examples. The lecture also discusses how GDP growth influences the employment rate and analyzes the case of Spain from 2002 to 2018. Predictive models for employment and the importance of consumption growth for maintaining full employment are also covered.

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