a) Discuss the impact of the carious labor market measures
employed in Europe to regulate the labor market. Which is likely to
be the most successful and why? Explain your rationalization and
reason in detail. b) How have the histories of the different
nations and regions discussed here shaped their capitalist
systems?
Labor Economic assignment :
1.Discuss the impact of Labor
market discrimination on the overall economy.
2.Talk about the main forces of unemployment in any
developing country.
3.Discuss the role of labor union particular for the
yield of a country.
Predict the impact of each scenario
described below on the labor market. Assume the labor market is
originally in equilibrium, and then each scenario happens
independently. (In other words, only a) happens; then only b)
happens. Do not put them all on one graph or accumulate their
effects.) Draw the labor market graph originally in equilibrium.
Either denote movement(s) along or shift(s) in appropriate curves.
Note whether employment and wages will increase or decrease.
c. The firm is a
monopsony....
2. Draw a graph of the labor market that shows the impact of
reduction in labor demand for two cases (a) wages are perfectly
flexible, and (b) wages are perfectly inflexible (do not change).
Show what happens to labor hours in both cases, and to wage in both
cases. Label everything clearly.