Search for tag: "wages"

Labor Market Institutions: Minimum Wages,… duration 8 minutes 11 seconds Labor Market Institutions: Minimum Wages,… Labor Market Institutions: Minimum Wages, Unionization, Contracts	Labor Market Institutions: Minimum Wages, Unionization, Contracts In this chapter, there is emphasis on labour market institutions, minimum wages, unionizations, and contracts. The differences in institutions are one of the causes in the differences in performance… economics +10 More From SDG Academy 7 plays
Labor and Saving, Part I duration 13 minutes 38 seconds Labor and Saving, Part I Labor and Saving, Part I	Labor and Saving, Part I In the continued study of the full employment economy, we want to understand how many workers there are that want to work, and how many will be employed if the workforce is fully employed. Once we… economics +6 More From SDG Academy 3 plays
Output Determination in the IS-LM Model duration 17 minutes 25 seconds Output Determination in the IS-LM Model Output Determination in the IS-LM Model	Output Determination in the IS-LM Model This chapter explains the IS-LM model of John Hicks to understand aggregate demand management. Assuming that wages are sticky and that the price that the business charges is a fixed markup over the… economics +9 More From SDG Academy 42 plays