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).


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

Essay Plan

Essay plan


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