Labour Market Failure Revision Booklet

A labour market failure revision booklet originally designed for OCR F583 but may also be suitable for AQA labour market topics. The first half has blank spaces for students work work through themselves, I usually print each slide in A4. The second half if a teacher copy with the answers to the questions filled in.

Contents of the slides include . . .
A) Causes of labour market failure
- Monopsony
- Trade unions
- Unemployment
- Economic inactivity
- Segmented labour markets
- Discrimination
- Skill shortages
- Immobility of labour - geographical and occupational immobility
- Information failure

B) Assessing Labour Market Policies
- Education and training
- Information provision
- Regional policy
- National minimum wage
- Strengthening trade union power
- Leaving to the free market