• 00:01    |    
    Initial credits
  • 00:20    |    
    Introduction
  • 03:34    |    
    The labor market and politics
  • 06:07    |    
    The demand in the labor market
    • The demand price
    • The supply price
  • 08:29    |    
    How the employers determine when to hire
    • Example on determining if you hire an additional worker
      • The employer as a profit seeker
      • The full value of an hour
      • The government intervention
    • The Socialism in the universities
    • The effect of the benefits on the salaries
    • The salary employers want to pay
    • The employers surplus
  • 25:49    |    
    How the employee absorbs all the benefit costs
  • 29:46    |    
    Profit contribution
  • 32:37    |    
    Taxation to hiring employees
  • 34:02    |    
    Net Marginal Revenue
  • 35:30    |    
    The interpretation of the demand curve's slope
    • Example and explanation of the downward slope
    • The effect of a higher wage
    • The logical argument for the downward slope
  • 44:33    |    
    The supply price of labor
    • What the labor market buys
    • The determinants of the supply price
      • Employment alternatives
      • Competition among employees
      • Competition among employers
    • What competition benefits whom
  • 52:14    |    
    Buyers do not compete with sellers
  • 53:54    |    
    Conclusion
  • 54:44    |    
    How will the labor market be in the future in respect to unions?
  • 58:05    |    
    Is there any tendency in the universities to change the way labor economics is taught?
  • 1:01:40    |    
    Credits



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IDEAS DE LA LIBERTAD

Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín