Teaching PowerPoints
3.5.1 Labour Demand (Edexcel A-Level Economics Teaching PowerPoint)
- Level:
- A-Level
- Board:
- Edexcel
Last updated 23 Sept 2023
This teaching powerpoint covers Demand for Labour
Labour demand is a key concept in economics. It refers to the amount of labour that firms are willing to hire at different wage rates. In other words, it's the amount of labour that firms are willing to purchase. Firms will demand more labour when the wage rate is low, and they will demand less labour when the wage rate is high. There are a number of factors that influence labour demand, including the price of labour, the productivity of labour, the cost of capital, and the business cycle. Labour demand also plays an important role in determining the equilibrium wage rate in the labour market.
Download this PowerPoint
You might also like
Demand for Labour (Labour Markets)
Study Notes
Elasticity of Labour Demand (Labour Markets)
Study Notes
Labour Market Economics (Revision Presentation)
Teaching PowerPoints
Unemployment Policies - The UK Youth Contract
Study Notes
The Battle between Robots and Skill
14th April 2015
Automation a factor behind falling real wages for millions
19th October 2014
Rising female employment in the construction industry
31st December 2014
Related products
-
Revision FlashcardsTheme 1 Revision Flashcards for Edexcel A-Level Economics
02-4130-30067-03
£9.95 inc VAT -
-
- View full selection ›