This resource is a perfect revision source for students looking to secure their knowledge on the essential stuff in A-Level (or any other higher education) Economic Studies.
Included in this resource:
- The conditions needed for a perfectly labour market competition
- Wage determination and the rules of the wage equilibrium
- Reasons for high and low wage rates across industries
- Reasons for high and low wage rates across individuals
- Economic theory-based explanations for the gender pay gap
- Current UK data around differences in wages
Whether it be a student or teacher, having all the necessary information on a single sheet is perfect for revision material.
* This resource is optimised for the AQA specification; Yet, this document is still extremely useful for other boards including OCR, Edexcel, WJEC, Eduqas and many more.
** Explanations for wage discrimination are not my own views expressed. Explanations provided are solely merited around economic-theory and therefore may be subject from true causes of wage discrimination.
Included in this resource:
- The conditions needed for a perfectly labour market competition
- Wage determination and the rules of the wage equilibrium
- Reasons for high and low wage rates across industries
- Reasons for high and low wage rates across individuals
- Economic theory-based explanations for the gender pay gap
- Current UK data around differences in wages
Whether it be a student or teacher, having all the necessary information on a single sheet is perfect for revision material.
* This resource is optimised for the AQA specification; Yet, this document is still extremely useful for other boards including OCR, Edexcel, WJEC, Eduqas and many more.
** Explanations for wage discrimination are not my own views expressed. Explanations provided are solely merited around economic-theory and therefore may be subject from true causes of wage discrimination.
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