Labour Markets: Wage differentials, Monopsony Labour Markets and Trade Unions

A PowerPoint based lesson resource aimed at supporting teachers covering the more challenging aspects of the labour market. This resource provides theoretical and practical application of wage differentials, monopsony labour markets and the impact of trade unions upon wages (monopsony focus). Students are given a variety of different tasks to complete throughout the presentation and it ends with them considering an answer to an exam style question. This material should last a full double lesson and the exam questions provide opportunities for extension or prep activities. It includes a PDF version of the materials for ease of priniting/handouts.