## ABSTRACT

First Published in 1968. A reprinting of the original collection of essays on unemployment, from 1933, which are addressed to students of economics. Concerning the areas of the form of the real demand function for labour in particular occupations, the monetary factor, with the aim of a direct discussion on the causation of unemployment and its fluctuations.

## TABLE OF CONTENTS

part |29 pages

General Considerations

chapter |6 pages

#### Definition of Unemployment

chapter |2 pages

#### The Relation of Unemployment to Unfilled Vacancies

chapter |6 pages

#### The Cost of Unemployment

chapter |4 pages

#### The Meaning of Units of Real Wages

chapter |5 pages

#### The Arithmetic of Employment

chapter |4 pages

#### The Causation of Unemployment

part |75 pages

The Short Period Elasticity of the Real Demand for Labour

chapter |2 pages

#### Introductory

chapter |6 pages

#### Demand Functions and Elasticity of Demand

chapter |5 pages

#### The Deferred Character of the Return to Labour

chapter |10 pages

#### The Interdependence of Different Centres of Production

chapter |6 pages

#### The Interdependence of Different Centres of Production

chapter |11 pages

#### The Elasticity of Discounting

chapter |7 pages

#### The Elasticity of Demand in Terms of Money for Labour as a Whole

chapter |1 pages

#### Introductory

chapter |3 pages

#### State Stimulation of Employment in Particular Occupations

chapter |3 pages

#### A Special Point Concerning Changes in Relative Demands

chapter |3 pages

#### Improvements in Productivity in Respect of Export Industries

chapter |5 pages

#### The Significance of Changes in the Rate of Interest

part |61 pages

Monetary Factors Affecting Variations in the Level of the Real Demand Function for Labour

chapter |5 pages

#### Introductory

chapter |4 pages

#### The Relation Between Real Output, Real Income and Money Income

chapter |5 pages

#### The Relation Between Money Income and the Stock of Money

chapter |5 pages

#### A Mechanical Model

chapter |7 pages

#### The Standard Monetary System

chapter |4 pages

#### The Standard Monetary System and the Money Rate of Interest

chapter |8 pages

#### The Two Main Types of Disturbance Under Actual Monetary Systems

chapter |5 pages

#### Forced Levies and Anti-Levies

chapter |3 pages

#### Reactions via Expectations of Price Movemexts

part |69 pages

The Causation of Unemployment and of Changes in Unemployment