Copyright © 2009 Pearson Education, Inc. 6- 1 Review For Final Exam Will Include Questions From: In-Class Lectures Chapter 6 (exclude pps. 185-187 and.

Slides:



Advertisements
Similar presentations
Supply of Labor to the Economy: The Decision to Work
Advertisements

Chapter 8 Compensating Wage Differentials and Labor Markets.
Chapter 6 Labor Mobility Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Copyright © 2009 Pearson Education, Inc Topic 9 (Chapter 15) Inequality in Earnings.
Chapter 13 Unions and the Labor Market. Copyright © 2006 Pearson Addison-Wesley. All rights reserved TABLE 13.1 Union Membership and Bargaining.
Heterogeneity One limitation of the static LS model lies in the heterogeneity assumption. In reality, individuals differ in preference and in information.
Chapter 7 The Wage Structure What makes equality such a difficult business is that we only want it with our superiors. —Henry Becque.
Chapter 9 Labor Mobility Copyright © 2008 The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Labor Economics, 4 th edition.
Chapter 8: Compensating Wage Differentials
Copyright © 2009 Pearson Education, Inc Topic 4. Chapters 9 & 5 Human Capital.
Supply of Labor. Labor Supply Different questions to be asked: –Work or don’t work –Number of hours of work effort –Occupational choice –Locational choice.
Chapter 2 Overview of the Labor Market. Copyright © 2003 by Pearson Education, Inc.2-2 Figure 2.1 Labor Force Status of the U.S. Adult Civilian Population,
Copyright © 2009 Pearson Education, Inc Topic 3. Chapters 6 & 7 Supply of Labor.
Chapter 15 Unemployment. Copyright © 2003 by Pearson Education, Inc.15-2.
Chapter 6 Supply of Labor to the Economy: The Decision to Work.
Ch. 17: Demand and Supply in Factor Markets Objectives – The firm’s choice of the quantities of labor and capital to employ. – People’s choices of the.
Managerial Economics and Organizational Architecture, 5e Managerial Economics and Organizational Architecture, 5e Chapter 14: Attracting and Retaining.
Chapter 12 Gender, Race, and Ethnicity in the Labor Market.
Chapter 13 Unions and the Labor Market. Copyright © 2003 by Pearson Education, Inc.13-2.
Chapter 8 Compensating Wage Differentials and Labor Markets.
Chapter 16 – Labor Markets
Copyright © 2009 Pearson Education, Inc Topic 1. Chapter 2 Overview of Labor Market.
Chapter 3 The Demand for Labor. Copyright © 2003 by Pearson Education, Inc.3-2.
Copyright © 2009 Pearson Education, Inc. Chapter 5 Frictions in the Labor Market.
Chapter 9: The Economics of Education. Overview robust relationship between education and earnings. Why? What determines the level of education selected.
Chapter 10 Worker Mobility: Migration, Immigration, and Turnover.
Investments in Human Capital: Education and Training
Chapter 14 Inequality in Earnings. Copyright © 2003 by Pearson Education, Inc.14-2 Figure 14.1 Earnings Distribution with Perfect Equality.
2.3 Real and nominal wages Actions of employers (buyers) and employees (sellers) determine wages (prices) These prices act as signals or incentives Part.
Chapter 8 Human Capital: Education and Health in Economic Development.
Returns to Human Capital Investments Graph copyright © 2003 by Pearson Education, Inc. This figure presents the mean earnings for full-time, full-year.
Ch. 7: The Theory of Human Capital
Chapter 4 Consumer and Firm Behavior: The Work- Leisure Decision and Profit Maximization Copyright © 2014 Pearson Education, Inc.
Chapter 15 Factor Markets Work is of two kinds: first, altering the position of matter at or near the earth’s surface relative to other matter; second,
Chapter 10: Worker Mobility. Worker mobility movement from one job to another. this may involve geographical changes, and/or movement from one employer.
Chapter 5 Applying Consumer Theory. © 2004 Pearson Addison-Wesley. All rights reserved5-2 Figure 5.1 Deriving an Individual’s Demand Curve.
Copyright © 2009 Pearson Education, Inc. Chapter 6 Supply of Labor to the Economy: The Decision to Work.
Modern Labour Economics
Chapter 2 Labor Supply Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Chapter 5 Consumer Welfare and Policy Analysis
Copyright © 2009 Pearson Education, Inc. Chapter 8 Compensating Wage Differentials and Labor Markets.
Chapter 2 Labor Supply Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Addison Wesley Longman, Inc. © 2000 Chapter 9 Investments in Human Capital: Education and Training.
Chapter 5 Compensating Wage Differentials Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin.
Chapter 10 Worker Mobility: Migration, Immigration, and Turnover.
McGraw-Hill/Irwin © 2004 The McGraw-Hill Companies, Inc., All Rights Reserved. Attracting and retaining qualified employees Personnel economics.
Chapter 9 Slide 1 Copyright © 2003 Pearson Education, Inc.
Copyright © 2009 Pearson Education, Inc. Chapter 9 Investments in Human Capital: Education and Training.
Chapter 2 Overview of the Labor Market. Copyright © 2003 by Pearson Education, Inc.2-2 Outline The labor market definition, facts, and trends - Labor.
Chapter 9-1 Chapter Nine Human Capital Theory: Applications to Education and Training Modified from Slides Created by Erica Morrill.
Topic 6-1. (Ch. 8) Compensating Wage Differentials.
Modern Labour Economics
√ Allocation of Time √ A Mathematical Analysis of Labor Supply √ Individual Supply Curve for Labor √ Market Supply Curve for Labor √ Other Uses of the.
Investments in Human Capital: Education and Training
Labor Economics Instructor’s Resource Disc INTRODUCTION TO CLASSIC AND
Chapter 4 Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximazation.
Addison Wesley Longman, Inc. © 2000 Chapter 8 Compensating Wage Differentials and Labor Markets.
Chapter 6. Supply of Labor to the Economy Importance of Labor Supply 1) Any country ’ s well-being in the long run heavily depends on the willingness of.
MODERN LABOR ECONOMICS THEORY AND PUBLIC POLICY CHAPTER Modern Labor Economics: Theory and Public Policy, Eleventh Edition Ronald G. Ehrenberg Robert S.
Compensating Wage Differentials
Labor Supply (Lectures 2 and 3).
8 Compensating Wage Differentials and Labor Markets.
6 Supply of Labor to the Economy: The Decision to Work.
Behind the Market Demand Curve The Theory of Consumer Choice
Chapter 4 Consumer and Firm Behavior: The Work-Leisure Decision and Profit Maximazation.
Heterogeneity One limitation of the static LS model lies in the heterogeneity assumption. In reality, individuals differ in preference and in information.
Chapter 8: Compensating Wage Differentials
Chapter 16 – Labor Markets
Managerial Economics in a Global Economy
Presentation transcript:

Copyright © 2009 Pearson Education, Inc Review For Final Exam Will Include Questions From: In-Class Lectures Chapter 6 (exclude pps and ) Chapter 8 (exclude appendix) Chapter 9 (exclude appendix) Chapter 10 (exclude pps ) Chapter 12 (exclude pps and appendix) Articles 7, 8, and 9

Copyright © 2009 Pearson Education, Inc Chapter 6 - Supply of Labor and Decision to Work Theory of the Decision to Work Income and Substitution Effects of a Wage Change The Graphics of Labor-Leisure Choice Graphical Analysis of Income Replacement Programs Graphical Analysis of Welfare Programs Welfare Reform and Workfare

Copyright © 2009 Pearson Education, Inc Figure 6.1: An Individual Labor Supply Curve Can Bend Backward

Copyright © 2009 Pearson Education, Inc Figure 6.7: Indifference Curves and Budget Constraint (with an increase in nonlabor income)

Copyright © 2009 Pearson Education, Inc Figure 6.13: Budget Constraint with a Spike

Copyright © 2009 Pearson Education, Inc Figure 6.14: Income and Substitution Effects for the Basic Welfare System

Copyright © 2009 Pearson Education, Inc Chapter 8 - Compensating Wage Differentials The Role of Compensating Wage Differentials in Matching Worker and Employer Hedonic Wage Theory and Risk of Injury -Worker Indifference Curves -Employer Isoprofit Curves -The Offer Curve Hedonic Wage Theory and Employee Benefits

Copyright © 2009 Pearson Education, Inc Figure 8.1: A Family of Indifference Curves between Wages and Risk of Injury

Copyright © 2009 Pearson Education, Inc Figure 8.3: A Family of Isoprofit Curves for an Employer

Copyright © 2009 Pearson Education, Inc Figure 8.6: An Offer Curve

Copyright © 2009 Pearson Education, Inc Figure 8.12: Market Determination of the Mix of Wages and Benefits

Copyright © 2009 Pearson Education, Inc Chapter 9 - Human Capital Investments Net Present Value and The Human Capital Investment Decision The Effect of Education and OJT on Earnings - Males and Females Women and Human Capital Acquisition Is Education a Good Investment? The Signaling Model

Copyright © 2009 Pearson Education, Inc Figure 9.2: Alternative Earnings Streams

Copyright © 2009 Pearson Education, Inc Figure 9.4: Money Earnings (Mean) for Full-Time, Year-Round Female Workers, 2005

Copyright © 2009 Pearson Education, Inc Figure 9.6: The Increased Concavity of Women’s Age/Earnings Profiles

Copyright © 2009 Pearson Education, Inc Figure 9.8: The Lifetime Benefits and Costs of Educational Signaling

Copyright © 2009 Pearson Education, Inc Chapter 10 - Worker Mobility Net Present Value and Worker Mobility Characteristics of Movers Returns to Immigration U.S. Immigration History Characteristics of Illegal Immigrants to the U.S. Benefits and Costs of immigration

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2024 SlidePlayer.com Inc. All rights reserved.