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Topic Revision: Labour Market Economics

Last updated 17 May 2022

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Here is a collection of our study notes, revision videos and other resources for A Level Economics students revising labour markets.

2022 Exams Focus

2022 Exams - Key Application Data on the UK Labour Market

Topic Videos
Labour Market Diagrams - Six Short Revision Videos

Topic Videos
Labour Markets - Assessing the UK Jobs Furlough Scheme

Topic Videos
Raising Retirement Age – Labour Market Effects - Chains of Reasoning

Topic Videos
Efficiency Wages

Study Notes
Minimum Wage and Living Wage

Topic Videos
Labour Migration: Revision Video Series

Topic Videos
UK’s New Points-Based Immigration System

Topic Videos
2022 Exams - Policies to Increase Labour Supply

Topic Videos
2022 Exams - Policies to Reduce Relative Poverty

Topic Videos

Revision Videos

Age Dependency Ratio (Labour Markets)

Topic Videos
Average and Marginal Cost of Labour (Labour Markets)

Topic Videos
Demographic Change in the UK Economy (Labour Markets)

Topic Videos
Elasticity of Labour Demand (Labour Markets)

Topic Videos
Elasticity of Labour Supply (Labour Markets)

Topic Videos
Equilibrium Wages (Labour Markets)

Topic Videos
Executive Pay Caps - Evaluation (Labour Markets)

Topic Videos
Geographical Immobility (Labour Markets)

Topic Videos
Gender Pay Gap (Labour Markets)

Topic Videos
Labour Force Explained (Labour Markets)

Topic Videos
Labour Supply (Labour Markets)

Topic Videos
Labour Demand (Labour Markets)

Topic Videos
Labour Market Failure (Labour Markets)

Topic Videos
Labour Migration and the UK Economy (Labour Markets)

Topic Videos
Laffer Curve (Labour Markets)

Topic Videos
Marginal Revenue Product of Labour - Explained (Labour Markets)

Topic Videos
Marginal Revenue Product of Labour - Evaluation (Labour Markets)

Topic Videos
Minimum Wages - Analysis of Impact (Labour Markets)

Topic Videos
Minimum Wages - Evaluation (Labour Markets)

Topic Videos
Monopsony in the Labour Market (Labour Markets)

Study Notes
Occupational Immobility (Labour Markets)

Topic Videos
Pay (Wage) Differentials - Causes (Labour Markets)

Topic Videos
Trade Unions in the UK (Labour Markets)

Topic Videos
Trade Unions - Wages and Jobs (Labour Markets)

Topic Videos
Transfer Earnings and Economic Rent (Labour Markets)

Topic Videos
Underemployment in the UK Labour Market (Labour Markets)

Topic Videos
Vacancies and Redundancies (Labour Markets)

Topic Videos

Study Notes

Average and Marginal Cost of Labour (Labour Markets)

Study Notes
Demand for Labour (Labour Markets)

Study Notes
Economic Inactivity (Labour Markets)

Study Notes
Elasticity of Labour Demand (Labour Markets)

Study Notes
Employment Rate (Labour Markets)

Study Notes
Employment Regulation (Labour Markets)

Study Notes
Factor Immobility (Labour Markets)

Study Notes
Informal Labour Market (Labour Markets)

Study Notes
Labour Force Participation (Labour Markets)

Study Notes
Labour Migration (Labour Markets)

Study Notes
Labour Supply - Explained (Labour Markets)

Study Notes
Labour Supply - Determinants of Elasticity (Labour Markets)

Study Notes
Labour Supply - Non-wage Factors (Labour Markets)

Study Notes
Labour Supply - Shifts in Market Supply (Labour Markets)

Study Notes
Marginal Revenue Product of Labour (Labour Markets)

Study Notes
Policies to Improve Labour Productivity

Study Notes
Real Wages (Labour Markets)

Study Notes
Supply-Side Reforms (Labour Markets)

Study Notes
Trade Unions (Labour Markets)

Study Notes
Transfer Earnings and Economic Rent (Labour Markets)

Study Notes
Wage Differentials (Labour Markets)

Study Notes
Wage Differentials in the UK (Labour Markets)

Study Notes
Wage Rises - Income & Substitution Effects (Labour Markets)

Study Notes
Zero Hours Contracts (Labour Markets)

Study Notes
UK Regional Earnings - 'Higher or Lower' Activity

Quizzes & Activities
Synoptic Economics: Impact of Higher Minimum Wage

Topic Videos
Advantages and disadvantages of labour market flexibility

Study Notes

Exam Practice / Technique

Micro and Macro Effects of an Executive Pay Cap (Labour Markets)

Exam Support
Taxes and Work Incentives MCQ Revision Question (Labour Markets)

Practice Exam Questions
Wage Differentials and the UK Labour Market (Worked Answer to Edexcel Q7 Paper 1 2019)

Exam Support
A* Evaluation on Flexible Labour Markets

Topic Videos

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