Labour market basics
Labour market basics
A labour market is where workers supply labour and firms demand labour. The wage rate is the price of labour, and in a competitive market it is determined where labour demand and labour supply meet.
Step-by-step lessons on Eduqas A Level Economics Labour market issues. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.