Imperfect Labour Markets: Monopsony and Trade Unions

Can a unionised labour force can drive up wages and also increase employment? 

Watch this video before our next lesson and be ready to explain your answer.

You’ll find lots of further information on Tutor2U

UPDATE: Also worth looking at this: this helpful summary for a great evaluative angle (i.e. the effects depend on the nature of the labour market in question).

Homework:

Answer all three questions from this past paper: Labour Markets Essay – Past Paper Question-1

Essay Plan

Essay plan

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