Individual Assignment (15%)

Analyse unemployment in the Australian economy under the following headings:
• How is unemployment measured?
• Analyse the causes of unemployment in the Australian Economy
• Classify underemployment accompanied by practical examples reflecting on the Australian labour market.
• Determine why unemployment varies from region to region in Australia?
• Analyse the effect of government regulation on inefficiencies in the Australian labour market. Answer must be supported by an applicable graph.
• Critically analyse the Australian government policies to decrease unemployment accompanied by practical examples.

This assignment builds on your theoretical knowledge and aims to put that theoretical learning into application.