Discrimination and Wage Differentials

wagedisc

This is a common theme in ECON3 exams – and rightly so.

How far do economic theories help to explain the differences in pay between genders and ethnic backgrounds?

This BBC article is an interesting starting point. Read it and use a diagram to illustrate the wage differential it describes.

Further info about imperfections in the labour market can be found here. Also, it’s worth checking you understand some of the key legislation relating to labour markets.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s