Study Notes
Transfer Earnings and Economic Rent (Labour Markets)
- Level:
- A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 3 Jul 2018
Economic rent is any amount earned by a factor of production, such as labour, above the minimum amount they require to work in a current occupation
Transfer earnings are the minimum reward required to keep factors of production, such as labour, in its current occupation.
You might also like

Automation a factor behind falling real wages for millions
19th October 2014

The Happy Band of the Self Employed
15th October 2014
The Poverty Trap- Panorama
12th October 2014

After the BRICs, the GIPSIs: Tackling Europe’s Problems
10th September 2014
Zero-hours contracts - vital for flexibility or exploitative?
19th December 2013
Labour Market Failure (Revision Presentation)
Teaching PowerPoints
Migration and the Economy (Revision Presentation)
Teaching PowerPoints