Unit 4: Labor and Efficiency: Resource Markets, Inequality, and Immigration

Lesson 13a: Wage Determination: Labor Markets

Assignments: Readings

pp. 330-352, (19th, Ch. 13, ALL) Summary of the 8 Labor Market Models (The last 17 pages of the Unit 4 Yellow Pages) Audio: Fast food strike: Of walk outs and drive-throughs Economists disagree on whether the minimum wage kills jobs. Why? Interesting: "Minimum Wage Would Be $21.72 If It Kept Pace With Increases In Productivity: Study" Lecture Outline

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