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Factors affecting the demand curve for labour
This video discusses the shape of the market labour demand curve in a perfectly competitive labour market and the concept of derived demand.
Shifting the labour demand curve
This video discusses five factors that can cause the labour demand curve to shift.
Marginal revenue product
This video will teach you how to calculate marginal revenue product and analyse changes in MRP and the resulting impact on the demand for labour.
Elasticity of demand for labour
This video explores the factors that affect the elasticity of demand for labour.
Backward bending supply curve of labour for individuals
This video explains the backward bending supply curve of labour for individuals and why it has its shape.
Pecuniary and non-pecuniary benefits of labour
This video covers pecuniary and non-pecuniary benefits of labour.
Firm and industry labour supply curve in a perfectly competitive labour market
This video will teach you about the labour supply curve for the market and firms operating in a perfectly competitive labour market.
Shifting the labour supply curve
This video explores the factors that would cause supply of labour to shift for an economy and for an industry.
