Google and Average Revenue Product of Labour

Google’s headcount quadrupled between 2005 and 2009 but for some years the revenue per employee was in decline. This is now in reverse and income from each worked employed is now at a 3-year high at just over $300,000 a year! I might use this chart as a teaching aid when teaching labour market economics - Google is perhaps the world’s biggest advertising agency and it finds even more ways to monetise its services from month to month - whilst keeping the bulk of core functions free to users.

Martin Wolf on Global Shocks [10 Feb 2012]
Unit 4 Macro: Focus on India - Supply Side Issues [25 Jan 2012]
Unit 2 Macro: Videos on Productivity [17 Jan 2012]
Unit 3 Micro: Patent Wars- A Touchy Subject for Apple [16 Dec 2011]
Unit 1 Micro: Division of Labour [22 Sep 2011]
Study Note - Macroeconomic policy objectives [16 Sep 2011]
Study Note - What is Macroeconomics? [13 Sep 2011]
“We need to make more stuff, using the same number of people…” [16 Jul 2011]
AS Macro Key Term: Supply-Side Policies [25 May 2011]
A2 Micro: The Importance of Profit [19 May 2011]
A2 Micro: High and Low Marginal Cost Products [19 May 2011]
A2 Micro: Innovation in Markets [4 May 2011]
Innovation: Google’s Driverless Car [31 Mar 2011]
AS Macro Revision: Investment Spending [12 Mar 2011]
EU Economics: Germany leads Euro Zone revival [25 Feb 2011]
World’s Most Innovative Companies [17 Feb 2011]
EU Economics: EU Economy in Charts Jan 2011 [29 Dec 2010]
Smarter Googling - Using the Toolbar [1 Dec 2010]
Google investigation [30 Nov 2010]
Google Public Data – Using in Economics Assignments [28 Nov 2010]
The Rise and Rise of Internet Monopolists [14 Nov 2010]
Experimenting with Google Docs - the Rise of a Digital Conglomerate [8 Nov 2010]
Cows with IP addresses and social networks as modes of production [22 Oct 2010]
Competition in action: Google vs the World! [6 Oct 2010]
Video resources on UK economic growth [6 Oct 2010]
External Growth - Google’s Acquisition Boom [21 Sep 2010]
Pay - What Are You Worth? [14 Sep 2010]
A Lewis Turning Point? Wages in China [8 Jun 2010]
AS Macro: Macroeconomic Performance [5 Jun 2010]
A selection of revision notes on economic growth and development [4 Jun 2010]
A selection of revision notes on supply side policies [1 Jun 2010]
AS Macro: Sterling and the UK Economy [29 May 2010]
Google TV - Excellent example of a joint venture [21 May 2010]
Links to recent IFS Research [27 Apr 2010]
Judging Labour’s Economic Record - the NIESR View [25 Apr 2010]
Super-fast broadband slows down again [8 Apr 2010]
The economics of Google [6 Apr 2010]
UK Economy Revision: Productivity [2 Apr 2010]
Revision Presentation - Supply-Side Indicators for the UK Economy [14 Mar 2010]
Apple and patent races [8 Mar 2010]
Utopia and the 21 hour working week [13 Feb 2010]
Making trainers in the UK? How to compete with the world [28 Jan 2010]
Contestable Markets - Google launches the Nexus One [6 Jan 2010]
Net monopolists [22 Nov 2009]
Explaining the Malthusian Trap [5 Oct 2009]
The Times interviews Google’s Eric Schmidt [4 Oct 2009]
How to start the next Google or Facebook [28 Sep 2009]
World Economic Forum drops UK a place in competitiveness rankings [9 Sep 2009]
Browser Wars! [1 Sep 2009]
Economics Snapshot - Google draws away from Microsoft and Yahoo [29 Jul 2009]
Falling productivity - cause or symptom of the recession? [14 Jul 2009]
Windows for a new generation? [9 Jul 2009]
Public Good-le [26 Jun 2009]
Q&A: What is the productivity gap? [1 Jun 2009]
Revision - Labour Market Failure (presentation) [27 May 2009]
And another thing [19 May 2009]
A2 Micro: Contestable Markets [15 May 2009]
Revision: Wage Cuts in a Recession [14 May 2009]
Revision: Trend Growth [5 May 2009]
You Tube’s Losses [17 Apr 2009]
Supply-Side Indicators for the UK [15 Feb 2009]
Dell Relocates - Nissan Downsizes [8 Jan 2009]
Apprenticeships and Economic Performance [29 Dec 2008]
Standing on the shoulders of giants [24 Sep 2008]
Web browser war hots up with release of Chrome [9 Sep 2008]
Grey hairs, pensions and the trend growth rate [4 Aug 2008]
Dan Ariely speaks at Google [24 Jul 2008]
Commodity prices and vertical integration [2 Jul 2008]
Businesses hold the key to the next stage of the cycle [30 Jun 2008]
Labour shake out [23 Jun 2008]
Newbies on Google’s horizon [21 Jun 2008]
Revision: Supply-side of the UK Economy [4 Apr 2008]
Manufacturing’s revival? [1 Apr 2008]
Foreign retailers help UK productivity [18 Mar 2008]
Economies of Scale [17 Mar 2008]
A to Z of AS Macroeconomics! [14 Mar 2008]
Revision Focus: Export Performance [12 Mar 2008]
Search engine market heads towards duopoly [6 Mar 2008]
Google - Profits up + Share Price Down [1 Feb 2008]

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