Topic updates
Ten topical labour market issues for 2018
29th April 2018
Here is a selection of important and topical labour market issues which emphasise how important the labour market as a synoptic topic in A level economics.
Micro and macroeconomic impact of changes in UK labour migration - more here
Gender pay gap / low female labour market participation as growth barrier - more here
Should there be caps - should there be statutory ceilings on executive pay? - more here
Economics of a national living wage / higher minimum wage - more here
Trade unions and their micro-macro impact on the economy - more here
The rise of the Gig Economy – evaluating the effects on UK & other nations - more here
Monopsony power and low real wage growth (causes and effects) - more here
Automation / robotics and the future pattern/level of employment - more here
Economic inactivity & “hidden” unemployment including under-employment - more here
Can the UK reach full-employment? (Changing Phillips Curve relationship) - more here
Update:
Larry Elliott appears not to be a fan of the gig economy: he argues herethat it exploits workers and has increased in-work poverty. There's little to disprove this hypothesis, at present. I'm afraid that I don't buy the narrative that the majority of people on zero-hours contracts are grateful for this. (Graham Watson)
-
4
Synoptic Revision Mats
Resource Collection
You might also like
Long Run Aggregate Supply
Study Notes
Bargaining Clout of Employers - Monopsony Power
31st May 2015
Steep Rise in Zero Hours Contracts in the UK
2nd September 2015
Monopsony - Pay Penalty for Zero Hours Contract Workers
30th December 2016
Transfer Earnings and Economic Rent (Labour Markets)
Topic Videos
World Bank launches new human capital index
14th October 2018
Introduction to economics - Clear The Deck Key Term Knowledge Activity
Quizzes & Activities