Labour Economics assignment

Answer each of the following questions in full sentences. Use a graph if it helps with your explanation.

  • Explain the issue of “omitted skill variables” in relation to wage discrimination. Explain why you think this is or is not an important.
  • Given the following table, draw and explain the step demand curve for female labour.
  • Explain Marshall’s Rules of Unions.
  • Explain the Threat Effect of Unions.
  • Explain the Lorenz Curve and the Gini Coefficient. Use a graph and explain why they are important.

Good Luck

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