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Core Economy Notes Chapter 6-9
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Summary CORE Economy Chapter 9 - Labour Market
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This Chapter covers the links between wage-setting and price-setting in determining the wage of employees. By looking at the graphs in depth we can find an equilibrium in the wages set.
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Add to cartThis Chapter covers the links between wage-setting and price-setting in determining the wage of employees. By looking at the graphs in depth we can find an equilibrium in the wages set.
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Summary CORE Economy Chapter 8 - Supply and Demand in Competitive Markets
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This chapter looks at the equilibrium in price achieved in competitive markets.
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Summary CORE Economy Chapter 7 - The Firm and Its Customers
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This chapter covers the price firms are willing to set in order to maximise profits, as well as maximise the surplus they can achieve from the sales. It covers the effects of elasticities, and things which influence market power.
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Add to cartThis chapter covers the price firms are willing to set in order to maximise profits, as well as maximise the surplus they can achieve from the sales. It covers the effects of elasticities, and things which influence market power.
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Summary CORE Economy Chapter 6 - The Firm: Owners, Managers, and Employees
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This Chapter looks at the labour discipline model in analysing how much effort workers are willing to provide to the company, while seeing why theses values may differ.
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Add to cartThis Chapter looks at the labour discipline model in analysing how much effort workers are willing to provide to the company, while seeing why theses values may differ.
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