Topic Videos
Trade Unions in a Monopsony Labour Market
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 13 Apr 2019
In this revision video we consider the theory of wage-setting with a monopsony employer and the possible impact that a trade union might have on wages and employment. We also look at efficiency wage theory and mutual gains from pay bargaining between stakeholders.
You might also like
Trade Unions (Labour Markets)
Study Notes
Monopsony Power in Markets
Study Notes
Amazon agrees e-book pricing deal with major publisher
21st October 2014
Monopsony Power - Supermarket Bullies?
22nd October 2009
Labour Market Failure (Revision Presentation)
Teaching PowerPoints
Supply-Side Reforms (Labour Markets)
Study Notes
Premier Foods - Are they exploiting their monopsony power?
5th December 2014
Poundland agrees a takeover of 99p Stores
8th February 2015