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Labor Markets And Minimum Wage Crash Course Economics

How much should you get paid for your job? Well, that depends on a lot of factors. Your skill set, the demand for the skills you have, and what other people are ...

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My names is Jacob Clifford and I'm an economics teacher and all around swell guy. With the ongoing debate over increasing the minimum wage I decided to ...

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How a minimum wage might effect the labor market Watch the next lesson: ...

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This lesson outlines factors that can affect the demand for and supply of labor, causing a change in the equilibrium wage rate and level of employment in a labor ...

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EconMovies explain economic concepts through movies. In this episode, I use the Back to the Future Trilogy to introduce the concepts of GDP growth, Nominal ...

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In which Adriene Hill and Jacob Clifford teach you about one of the fundamental economic ideas, supply and demand. What is supply and demand? Well, you'll ...

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Alex Merced explains the economics of Labor Markets, Unions, and the Human side of the Labor issue. Join HayekForums.com and AlexMercedForums.com.

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This week we'll see how economies can be broken down into the primary, secondary, and tertiary sectors. We'll look at the three stages of economic revolution ...

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In this video on the marginal product of labor, we discuss some commons questions such as: How are wages determined? Why do most Americans earn so ...

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Mr. Clifford's 60 second explanation of how to draw a perfectly competitive labor market and firm hiring workers. Notice that the perfectly elastic (horizontal) curve ...

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Professor James Galbraith from the LBJ School of Public Affairs at UT-Austin and Professor Jonathan Meer from the Department of Economics at Texas A&M ...

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So, during times of inflation or deflation, why doesn't the government just set prices? It sounds reasonable, but price ceilings or floors just don't work. Adriene ...

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How to graph a perfectly competitive firm hiring labor from a perfectly competitive factor market and how to calculate marginal revenue product (resource ...

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Inequality is a big, big subject. There's racial inequality, gender inequality, and lots and lots of other kinds of inequality. This is Econ, so we're going to talk about ...

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Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so ...

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Short video explaining the impact of minimum wage.

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Why are some countries rich? Why are some countries poor? In the end it comes down to Productivity. This week on Crash Course Econ, Adriene and Jacob ...

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Trade Unions may use their collective bargaining power and bid for employers to pay a premium wage (or “wage mark-up”) above the normal competitive market ...

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This wk: More from Macro -- Cyclical unemployment, sticky wages, natural unemployment, and more. Coming soon: Who works? Who doesn't? Why? Get a big ...

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