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Labour Markets (MiA2)

This class was created by Brainscape user Sanjidah Ahmed. Visit their profile to learn more about the creator.

By: Sanjidah Ahmed
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Decks in this class (7)

Demand for Labour
Derived demand,
How is it possible to have a grow...,
Marginal revenue produc theory
19  cards
Supply Of Labour
Unit labour costs,
What is the key assumption behind...,
What are the two things an indivi...
17  cards
Wage Differentials
Where is the equilibrium wage rat...,
When are wages high,
When are wages low
9  cards
Transfer Earnings & Economic Rent
What is the minimum amount a work...,
Transfer earnings,
Why is there no incentive to work...
8  cards
Monopsony
Monopsonist,
Why does a monopsonist have marke...,
How can monopsonists exploit workers
10  cards
Trade Unions
What are the primary functions of...,
What does a trade union cause,
What happens to employment
22  cards
Labour Market Flexibility
Numerical flexibility,
Temporal flexibility,
Wage
16  cards

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Labour Markets (MiA2)

  • Class purpose General learning

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