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Economic Inequality

Economic Inequality

Economic Inequality. Economic Inequality. We live in a country with extreme differences in wealth and income One reason for this is a difference in wage rates Can explain much about wage differences, using the tools you learned in a previous chapter

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593 views • 59 slides
Economic Inequality

Economic Inequality

Economic Inequality. Economic Inequality. We live in a country with extreme differences in wealth and income One reason for this is a difference in wage rates Can explain much about wage differences, using the tools you learned in a previous chapter

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619 views • 59 slides
Ch.11 Search Theory of Unemployment

Ch.11 Search Theory of Unemployment

Ch.11 Search Theory of Unemployment. In reality, workers have imperfect information. Therefore, they search for more favourable wage rate. It is called search market.

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583 views • 31 slides
Resource Market

Resource Market

Resource Market. Mr. Barnett AP Microeconomics UHS. Factors of Production. Factors of production : the inputs used to produce goods and services. Labor Land Capital : the equipment and structures used to produce goods and services .

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384 views • 18 slides
Monopsony in the Labour Market

Monopsony in the Labour Market

Monopsony in the Labour Market. A2 Economics. Aims and Objectives. Aim: To understand monopsony in the labour market Objectives: Recap on the effects of trade unions on the labour market Define and explain monopsony

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558 views • 14 slides

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