Minimum Wages - Evaluation (Labour Markets)
- Levels: AS, A Level
- Exam boards: AQA, Edexcel, OCR, IB, Eduqas, WJEC
This revision video considers some of the economic arguments for and against raising the national minimum wage in a labour market. It also has some suggestions for deeper evaluation and balanced evaluation of the benefits and costs of a pay floor.
Subscribe to email updates from tutor2u Economics
Join 1000s of fellow Economics teachers and students all getting the tutor2u Economics team's latest resources and support delivered fresh in their inbox every morning.
You can also follow @tutor2uEconomics on Twitter, subscribe to our YouTube channel, or join our popular Facebook Groups.
- Economics
- Student videos
- Living Wage
- Wage differentials
- Minimum Wage
- Efficiency wage
- Unit wage costs
- Labour supply
- Labour demand
- Labour market economics
- Market Failure
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
Related Collections
You might also like
From the Blog
More Student videos
-
Essential A Level Economics in Year 2
This course is designed to support non-specialist, inexperienced or newly-qualified teachers of A Level Economics as they tackle the challenge of delivering the second year of linear A Level Economics.
-
A Level Economics Strong Foundations Workshops
Join the tutor2u Economics team for the 2019/20 edition of A-Level Economics Strong Foundations - the exam workshop for all Year 13 A-Level Economics Students wanting to lay the foundations for...
Popular Content
-
AQA A Level Economics Challenge Book - MacroeconomicsAQA A Level Economics Challenge Book - Macroeconomics
- SKU: 02-4130-30164-01
-
Printed Edition
- £5.95
Added to your Shopping Cart!
AQA A Level Economics Challenge Book - Macroeconomics
- SKU: 02-4130-30164-01
-
Printed Edition
- £5.95
-
AQA A Level Economics Diagram Practice BookAQA A Level Economics Diagram Practice Book
- SKU: 02-4130-30187-01
-
Printed Edition
-
Student personal license
- £7.95
Added to your Shopping Cart!
AQA A Level Economics Diagram Practice Book
- SKU: 02-4130-30187-01
-
Printed Edition
- £7.95
Advertise your vacancies with tutor2u
Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.