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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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Mr. Clifford's 60 second explanation of the labor market for cooks and the affects of minimum wage. Remember that the firms are now demanding and individuals ...

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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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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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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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We've all had minimum wage jobs, therefore we've all wished there was a higher minimum wage! In this lesson we'll analyze the impact that a minimum wage ...

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This lesson covers labor markets and the minimum wage. In the resource market individuals supply labor and businesses demand labor. There is an inverse ...

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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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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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This week on Crash Course Econ, Jacob and Adriene are talking about failure. Specifically, we're talking about market failures. When markets don't provide a ...

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This video looks at how the equilibrium wage rate is determined in the labour market. Excess supply and demand is explained to show how the market moves to ...

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Monopsony - Labour Market Impact. A video covering Monopsony - Labour Market Impact Twitter: https://twitter.com/econplusdal Facebook: ...

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

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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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Economics: Is raising minimum wage to $15 a bad idea? Professor Don Boudreaux explains why raising minimum wage actually hurts the economy instead of ...

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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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What is a monopoly? It turns out, it's more than just a board game. It's a terrible, terrible economic practice in which giant corporations dominate markets and hurt ...

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This week, Adriene and Jacob teach you about macroeconomics. This is the stuff of big picture economics, and the major movers in the economy. Like taxes and ...

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In which Adriene Hill and Jacob Clifford teach you about specialization and trade, and how countries decide whether they're going to make stuff or trade for stuff.

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