PAJ Holden - http://www.youtube.com/watch?v=R-VCNJKsvwg
Showing posts with label supply of labour. Show all posts
Showing posts with label supply of labour. Show all posts
Monday, 10 June 2013
Individual backwards sloping labour supply curve - videos
PAJ Holden - http://www.youtube.com/watch?v=R-VCNJKsvwg
Tuesday, 4 June 2013
Thursday, 2 July 2009
Thursday, 18 June 2009
Saturday, 13 June 2009
Friday, 12 June 2009
Past paper questions on Individual Supply of Labour
January 2009 - Section B Q 2
a) Some workers may respond to a rise in their hourly pay by choosing to work more hours,whilst others may choose to work the same or even fewer hours. Use income and substitution effects to explain why this is the case. (10 marks)
January 2008 - Section B Q 3
'UK workers have the shortest time off for holidays and the lowest productivity in northern Europe', says the former TUC General Secretary, John Monks.
a) Explain how the concept of opportunity cost can be used to analyse a worker's choice between work and leisure. (10 marks)
June 2007 Section B Q 4
a) Explain why both the short-run and long-run supply of labour to an occupation are likely to rise with the hourly wage rate. (10 marks)
January 2005 Section B Q 2
It is becoming inceasingly common for employees in the UK, and in other countries to take fewer days holiday than the number to which they are entitled.
a) Using economic theory, explain how the number of hours worked by an employee is likely to change when the hourly wage rate increases. (10 marks)
January 2004 - Section B Q 3
It is likely that, as a result of increased affluence, there will be a reduction in the UK supply of labour in the future.
a) explain why a short-term supply curve of labour may be backward-sloping. (10 marks)
January 2003 Section B Q 2
a) Explain how the concept of opportunity cost can be used to analyse an individual's choice both between work and leisure and between different uses of leisure time. (10 marks)
a) Some workers may respond to a rise in their hourly pay by choosing to work more hours,whilst others may choose to work the same or even fewer hours. Use income and substitution effects to explain why this is the case. (10 marks)
January 2008 - Section B Q 3
'UK workers have the shortest time off for holidays and the lowest productivity in northern Europe', says the former TUC General Secretary, John Monks.
a) Explain how the concept of opportunity cost can be used to analyse a worker's choice between work and leisure. (10 marks)
June 2007 Section B Q 4
a) Explain why both the short-run and long-run supply of labour to an occupation are likely to rise with the hourly wage rate. (10 marks)
January 2005 Section B Q 2
It is becoming inceasingly common for employees in the UK, and in other countries to take fewer days holiday than the number to which they are entitled.
a) Using economic theory, explain how the number of hours worked by an employee is likely to change when the hourly wage rate increases. (10 marks)
January 2004 - Section B Q 3
It is likely that, as a result of increased affluence, there will be a reduction in the UK supply of labour in the future.
a) explain why a short-term supply curve of labour may be backward-sloping. (10 marks)
January 2003 Section B Q 2
a) Explain how the concept of opportunity cost can be used to analyse an individual's choice both between work and leisure and between different uses of leisure time. (10 marks)
Wednesday, 10 June 2009
Quality labour supply in Edinburgh
Employment in Edinburgh is higher than any other city in Scotland at 85 per cent. The largest areas of employment are in the financial services, public sector and tourism.
Over 40 per cent of Edinburgh's total workforce has a degree qualification, compared with UK average of 13.5 per cent. Over 60 per cent of Lothian's population is of working age - higher than anywhere else in Scotland.
http://www.edinburghpark.co.uk/corporate/laboursupply.php
Friday, 5 June 2009
Notes on Supply of Labour
These notes look at the individual's (short run) and the industry's (long run) supply of labour and the concept of elasticity of labour supply.
s-cool notes: http://s-cool.co.uk/alevel/economics/labour-markets/the-supply-of-labour.html
tutor2u notes: http://www.tutor2u.net/economics/revision-notes/a2-micro-supply-of-labour.html
A2 Work and Leisure - OCR F583
Welcome to A2 Economics - Work and Leisure.
First useful publication is the Office for National Statistics - Labour Market Statistics May 2009:
http://www.statistics.gov.uk/pdfdir/lmsuk0509.pdf
Monday, 5 January 2009
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