LABRST 3A03- Final Exam Guide - Comprehensive Notes for the exam ( 33 pages long!)
Document Summary
Human rights, minimum wage, overtime, maternity leave. Involves analyzing the determinants of the various dimensions of labour supply and demand and their interaction in alternative market structures to determine wages, employment, unemployment. The impact of quasi- xed costs and legislatively imposed costs. Demand for the firm"s output and the firm"s competitiveness: The neoclassical model of labour supply and demand. Wage and employment in a competitive labour market: market clearing outcome. Labour market economics should be able to shed light on policy issues a ecting: Labour demand: sanctuary from political persecution. Two classes: assessed, evaluated on the basis of their likely contribution and success in canadian labour market. Refugee in the 1980 the vietnam war. The impact of immigration on employment and wages. Effect of immigration: positive effects, fill markets where there is already a shortage. Increase derived demand for labour (immigrants purchase goods and services in. Invest in canadian firms, creating additional employment opportunities (especially for the business class immigrants)