This is a Powerpoint (and accompanying Notes/Key Terms sheet) that I created for my own teaching of the new (linear) AQA A-level Economics specification (7135). As I was also using the AQA-approved textbook (Powell & Powell, 2016) the two follow a similar route through the material.
Topics covered in this Powerpoint: (sections 4.1.6.4 to 4.1.6.7 of the specification)
• How various factors such as monopsony power, trade unions and imperfect information contribute to imperfections in a labour market.
• How, in a monopsony labour market, the employer can use market power to reduce both the relative wage rate and the level of employment below those that would exist in a perfectly competitive labour market.
• The various factors that affect the ability of trade unions to influence wages and levels of employment in different labour markets.
• How wages and employment are likely to be affected by the introduction of a trade union into a previously perfectly competitive labour market and into a monopsony labour market.
• The effects of a national minimum wage upon labour markets.
• The advantages and disadvantages of a national minimum wage.
• The conditions necessary for wage discrimination.
• The impact of gender, ethnicity and other forms of discrimination on wages, levels and types of employment.
Topics covered in this Powerpoint: (sections 4.1.6.4 to 4.1.6.7 of the specification)
• How various factors such as monopsony power, trade unions and imperfect information contribute to imperfections in a labour market.
• How, in a monopsony labour market, the employer can use market power to reduce both the relative wage rate and the level of employment below those that would exist in a perfectly competitive labour market.
• The various factors that affect the ability of trade unions to influence wages and levels of employment in different labour markets.
• How wages and employment are likely to be affected by the introduction of a trade union into a previously perfectly competitive labour market and into a monopsony labour market.
• The effects of a national minimum wage upon labour markets.
• The advantages and disadvantages of a national minimum wage.
• The conditions necessary for wage discrimination.
• The impact of gender, ethnicity and other forms of discrimination on wages, levels and types of employment.
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Clear, explanatory and with links to the textbook. Exacetly what I needed.
Thanks again for the excellent resources. Has really saved me SO much time with planning and teaching. I'm hoping you're going to have an A2 Macro set available? * PLEASE!!??!!*
Excellent resource, outstanding lessons, well planned and easy to teach. (I can't find a way to message the author) I reviewed the other day looking for a full set of Macro resources for year 2 and you mentioned you had a set for Banks and the Global Economy (new Macro content in year 2) unfortunately I can not find these resources and would really like to purchase them. Would it be possible for you to post the link to your Macro year 2 resources for Banks and the Global Economy new content. Thanks again for your resources, I would recommend them to everybody.
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