The Labour Market - Introduction to Supply & Demand of Labour - PPT, Worksheet & Game - Economics

A good introduction on the labour market. The PPT has key theory on the difference between the goods and the factor markets, the supply and demand of the labour market and the different factors that influence the supply of the labour market. I have included key supply and demand diagrams linked to the labour market. I have included numerous examples and key words to help make the theory easy to understand and accessible to students.

I have included a nice lesson starter game, where students need to guess which whether the wage of the next job is higher or lower than the previous job displayed on screen. This starter activity can help start a group discussion on why some jobs are paid more / less than others. I have also included a nice worksheet on the labour market to help students consolidate their learning. Perfect for GCSE Economics and Business Studies and the resources could also be used for A-Level.