In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal unemployment and low output. This chapter investigates the processes that account for these persistent slumps. The data are from the economy of the United States, and the discussion...

The paper is on the development in science and technology education in a globally depressed economy. It discussed the concepts of science and technology education, demand-driven theory, causes of global depression with particular attention to Nigeria. The development of science and technology...

In modern economies, sharp increases in unemployment from major adverse shocks result in long periods of abnormal unemployment and low output. This chapter investigates the processes that account for these persistent slumps. The data are from the economy of the United States, and the discussion...