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The economic effects of migration

Draw how net migration shifts labour supply and LRAS, and say who gains and who loses

Key terms
Net migration
Net migration is immigration minus emigration: the number of people moving to live in a country for a year or more, less the number moving out.
Immigration
Immigration is people changing their country of usual residence to the UK for a year or more, following the UN definition of a long-term migrant.

Routes from migration to the host economy

Can you name the three routes by which net migration changes the host economy?

Each route runs through something the new arrivals do.