ICT CORNER

ICT CORNER Step2 Step1 Pictures are indicatives only* Theories of Employment and Income and Income “Unemployed people suffer the demoralization, frustration and loss of self respect that come from enforced idleness”. – Wonnacott. P and Wonnacott. R Learning Objectives To understand the meaning of full employment and unemployment and its types. To learn the classical theory of employment. To know the importance of Keynes’ theory of income and employment.