Microeconomics · 免费预览

劳动供给与市场工资

工人在休闲与收入之间进行权衡;更高的工资使时间和消费相对于彼此都变得更便宜;市场工资最终在供给与边际收益产品需求相交的均衡点上确定。

1. The worker's choice

The worker's choice

2. Equilibrium

Equilibrium

3. Who gets paid what

Who gets paid what

4. The supply side's policy shadow

The supply side's policy shadow

5. The two effects

A worker's wage rises. What are the substitution and income effects on her hours of leisure?

6. Reading a wage shift

A new technology doubles bakery productivity. What happens in the town's labor market?

7. The cleared market

At a wage of 30 dollars a day, bakeries in total want to hire 40 bakers and 40 bakers offer their hours. Suppose demand shifts so that at every wage firms want 10 more bakers, and the new equilibrium wage is 36 dollars, at which 44 bakers are offered and wanted. Compute the increase in equilibrium employment, and write the number.

8. The wage's two arrows

When a worker's wage rises, what do the substitution and income effects do to her leisure?

9. The technology tide

A new technology doubles bakery productivity in a town. What happens in its labor market?

10. The shortage at 25

At a wage of 25 dollars a day, bakeries in total want to hire 50 bakers and 35 bakers offer themselves. Compute the market shortage, and write the number.

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