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

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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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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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How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling ...

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So, we've been putting off a kind of basic question here. What is money? What is currency? How are the two different. Well, not to give away too much, but ...

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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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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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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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Price floors, when prices are kept artificially high, lead to several consequences that hurt the consumer. In this video, we take a look at the minimum wage as an ...

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They say money can't buy happiness, but who are they? Can money buy happiness? The answer is: sort of. While money may not be able to buy true happiness, ...

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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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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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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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Trade Unions - Labour Market Impact. Video covering Trade Unions - Labour Market Impact. Twitter: https://twitter.com/econplusdal Facebook: ...

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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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Today on Crash Course Economics, Adriene and Jacob talk about the 2008 financial crisis and the US Goverment's response to the troubles. So, all this starts ...

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National Minimum Wage - arguments for and against with Evaluation. A video covering the arguments for and against a National Minimum Wage with Evaluation ...

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We've been talking about the unavoidables recently. Last time, we covered Death. This time, it's taxes. So, what are taxes? Why do we pay taxes? What is all that ...

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