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Labor Economics Instructor’s Resource Disc INTRODUCTION TO CLASSIC AND
THE NEW LABOR ECONOMICS FIRST EDITION by Derek Laing
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Instructor’s Resource Disc
Chapter 04 The Supply of Labor Derek Laing
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Figure 4.1 Average Hours Worked per Person in the United States
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.1 Average Hours Worked per Person in the United States
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Table 4.1 Change in Hours Worked by Age: 1950–2000
Labor Economics Copyright © by W.W. Norton & Company, Inc. Table 4.1 Change in Hours Worked by Age: 1950–2000
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Equation 4.1 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.1
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Figure 4.2 The Utility Function u(c,,)
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.2 The Utility Function u(c,,)
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Figure 4.3 An Indifference Curve Map
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.3 An Indifference Curve Map
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Equation 4.2 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.2
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Figure 4.4 The Fundamental Properties of an Indifference Curve
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.4 The Fundamental Properties of an Indifference Curve
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Equation 4.3 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.3
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Definition 4.1 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Definition 4.1
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Figure 4.5 Work Attitudes Labor Economics
Copyright © by W.W. Norton & Company, Inc. Figure 4.5 Work Attitudes
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Definition 4.2 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Definition 4.2
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Equation 4.4a Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.4a
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Equation 4.4b Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.4b
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Equation 4.5 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.5
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Equation 4.6 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.6
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Equation 4.7 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.7
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Assumption 4.1 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Assumption 4.1
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Assumption 4.2 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Assumption 4.2
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Assumption 4.3 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Assumption 4.3
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Equation 4.8 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.8
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Equation 4.9 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.9
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Figure 4.6 The Budget Constraint
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.6 The Budget Constraint
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Figure 4.7 The Effects of an Increase in Wealth, A0, and the Wage, W, on the Worker’s Budget Set
Labor Economics Copyright © by W.W. Norton & Company, Inc.
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Assumption 4.4 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Assumption 4.4
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Figure 4.8 Optimal Behavior
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.8 Optimal Behavior
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Equation 4.10 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.10
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Equation 4.11 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.11
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Figure 4.9 A Nonparticipant
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.9 A Nonparticipant
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Equation 4.12 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.12
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Equation 4.13 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.13
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Figure 4.10 The Behavior of the MRS
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.10 The Behavior of the MRS
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Figure 4.11 Kinked Budget Lines
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.11 Kinked Budget Lines
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Figure 4.12 The Effect of an Increase in Wealth
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.12 The Effect of an Increase in Wealth
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Assumption 4.5 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Assumption 4.5
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Figure 4.13 The Effect of an Increase in Wage, W
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.13 The Effect of an Increase in Wage, W
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Figure 4.14 Income and Substitution Effects
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.14 Income and Substitution Effects
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Figure 4.15 The Effect of an Increase in the Wage
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.15 The Effect of an Increase in the Wage
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Figure 4.16 Income and Substitution Effects for a Nonparticipant
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.16 Income and Substitution Effects for a Nonparticipant
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Figure 4.17 The Individual Supply of Labor
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.17 The Individual Supply of Labor
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Figure 4.18 The Aggregate Supply of Labor
Labor Economics Copyright © by W.W. Norton & Company, Inc. Figure 4.18 The Aggregate Supply of Labor
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Equation 4.14 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.14
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Equation 4.15 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.15
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Equation 4.16 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.16
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Equation 4.17 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.17
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Equation 4.18 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.18
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Equation 4.19 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.19
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Equation 4.20 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.20
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Equation 4.21 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.21
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Equation 4.22 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.22
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Equation 4.23 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.23
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Equation 4.24 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.24
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Equation 4.25 Labor Economics
Copyright © by W.W. Norton & Company, Inc. Equation 4.25
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Labor Economics Instructor’s Resource Disc
This concludes Instructor’s Resource Disc Slide Set for Chapter 04 Labor Economics INTRODUCTION TO CLASSIC AND THE NEW LABOR ECONOMICS FIRST EDITION by Derek Laing
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