Topics
Monopsony employer
A labour market structure in which there is a single powerful buyer of a particular type of labour. For example, the main buyer of the labour of doctors and nurses is the NHS. In the case of the labour market, a monopsony employer will tend to pay lower wages and employ fewer people (than in a highly competitive labour market.
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3.5.3 Monopsony in the Labour Market (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints
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Monopsony Power - Fast Fashion Brands Squeeze Supplier
6th June 2023
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The UK Hand Car Wash Market
13th February 2023
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Monopsony power - should car washes be licenced?
15th November 2018
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Minimum Wages and Unemployment
Study Notes
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Working Poverty, Monopsony Power and the Informal Labour Market
30th December 2022
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The Human Cost of Amazon's Rush for Speed
4th December 2022
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Heathrow posts operating loss of nearly £1 million a day
29th July 2022
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Labour Market: Sainsbury's raises pay to £10 an hour
8th January 2022
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Labour Markets - Where have all the workers gone?
2nd August 2021
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Efficiency Wages
Study Notes
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Gig Economy - Poor Working Conditions and Wages
23rd December 2016
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Monopsony - Pay Penalty for Zero Hours Contract Workers
30th December 2016
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Joe Biden voices support of workers' right to join unions
2nd March 2021
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Amazon must improve working conditions say unions
12th October 2020
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Time to make amends to the low-paid essential worker
2nd April 2020
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California legislates to protect gig economy workers
12th September 2019
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A* Evaluation on Business Conduct and Efficiency
Topic Videos
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Key Micro Diagrams (Labour Markets)
Topic Videos
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Mergers and Consumer Welfare (Revision Essay Plan)
Practice Exam Questions
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Gig Economy (Revision Webinar)
Topic Videos
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Trade Unions in a Monopsony Labour Market
Topic Videos
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Labour Market Failure (2019 Update)
Teaching PowerPoints
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Amazon a 'phenomenon' of 21st century retail
7th March 2019
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Minimum Wage - Evaluation Phrases in Action
Study Notes
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Working poverty
Study Notes
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EdExcel Theme 3 Micro Knowledge Book - Labour Markets
Quizzes & Activities
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Inside the Amazon Warehouse - Monopsony under Scrutiny
11th November 2018
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Amazon increases their US minimum wage to $15 an hour
5th October 2018
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Monopsony in the Labour Market (Labour Markets)
Study Notes
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Monopsony Power in Markets
Study Notes
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Must Watch Revision Videos on Labour Markets
1st June 2018
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Trade Unions and Real Wages (Chain of Analysis)
Exam Support
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Ten topical labour market issues for 2018
29th April 2018
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Monopsony Power in the Labour Market
Study Notes
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How monopsony employers keep wages down
13th April 2018
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Zero Hours Contracts (Labour Markets)
Study Notes
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Labour Market Failure (Labour Markets)
Topic Videos
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Are trade unions needed more than ever?
20th December 2016
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Cleaning firm challenges zero hours and low pay culture
6th October 2017
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Reinventing the wheel - exploring the NAIRU
31st July 2017
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Labour Market Enforcement Tsar Starts Work
27th July 2017
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Economics of the Gig Economy
11th July 2017