After the success of my first higher or lower game I thought I would make a second one for the labour market which often is a dull topic. Students must use their knowledge to decide whether the next occupation will have higher or lower wages than the previous job. They can then be asked to explain their reasoning by drawing on concepts such as MRP, wage elasticity and non-pecuniary benefits.
There are two sets of 10 occupations so the students can be divided into two groups and compete against one another.
There are two sets of 10 occupations so the students can be divided into two groups and compete against one another.
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Thank you, a great lesson starter to Wage rate equilibrium.
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