Understanding why wages differ between jobs using supply and demand analysis
Image: Some rights reserved by 401K
Three websites to help you understand how wages differ using supply and demand diagram analysis.
Why the distribution of income in the UK is unequal by economicshelp.org
Wage differentials between occupations by tutor2u.net
A bit more advanced:
| Print article | This entry was posted by James Penstone on March 15, 2012 at 6:57 am, and is filed under Economics, IGCSE Economics. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
No comments yet.
No trackbacks yet.
Discuss how and why different income groups have different expenditure patterns (spending, saving and borrowing).
about 11 years ago - No comments
Here is a past paper question related to this topic (in italics below). You should try to answer both parts for this syllabus objective. 4 It is stated that the richest households in a country spend under 15 % of their income on food while the poorest households spend over 30 %. (a) Do these…
Do Women Earn Less than Men?
about 12 years ago - No comments
This post takes the same title as that of the impressive 4 minute youtube clip by LearnLiberty.org. Helps with learning about why women – on average – tend to earn less than men, as part of the IGCSE Economics course.
Banks
about 12 years ago - No comments
Might be useful for the IGCSE Economics course: an introduction to banking system, and an explanation of Central Banks (although this is quite high level stuff).
Stock Exchange
about 12 years ago - No comments
In the IGCSE Syllabus for Economics we have the following: describe the functions of central banks, stock exchanges, commercial banks; This post addresses the second of those financial institutions listed, stock exchanges. First, this entertaining video produced in 1952 for a US audience does a good job of explaining how a stock exchange works: This…
Differences in Earnings between different Occupational Groups
about 12 years ago - No comments
Here are some resources to help you with this aspect of the IGCSE Economics syllabus: Via http://degreesearch.org Source: Capital Gains Tax Rate & Income Inequality Chart Via http://www.reed.co.uk Via http://www.fastcodesign.com Via http://salarytutor.com Via http://www.parkcityindependent.com Via http://www.classesandcareers.com
Changes in Earnings Over Time For An Individual
about 12 years ago - No comments
Tasks: 1) You should also create a hand-drawn chart to show how , in theory, a person’s earnings might change over the course of their lifetime. This should be saved as a digital version (you might draw it using online tool such as dabbleboard, or you might draw it by hand on a tablet, or…
Money – Its Characteristics and Functions
about 12 years ago - No comments
Your task is to answer these questions: What is barter? Where does barter still occur? What are three problems with barter? What are the four main functions of money? What are the necessary characteristics of money? You should find at least five, but there are more. Give examples to explain each characteristic. Here is mjmfoodie…
