A2 Economics - The Demand for Labour

Curriculum support15 mins£2

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Key takeaways
Understand that the demand for labour is derived from the demand for good.
Understand that the demand for labour is determined by the marginal physical product.
Understand what causes shifts in the demand curve for labour.
Chris CurryHost: I have taught Economics for the last 27 years, since completing my PGCSE in Business Education at Sheffield Hallam University. I have been a heard of department for the last 20 years and have worked as an examiner for AQA.

Firms will demand labour only if that extra worker can increase the firms profits. In this lesson, students will learn how the demand for labour is derived from the marginal physical product of labour. Students will also gain a better understanding of what causes shifts in the demand curve for labour. This class is aimed at students in Years 12 and 13 who want to feel confident in understanding the demand for labour!

Try these classes next: A2 Economics: The Supply of LabourAS Economics: The Demand CurveCost, Revenue and Profit

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Suitable for:

This class is suitable for students in Years 12 and 13.

Class requirements:
You will need a laptop or device with internet connection to watch the class, as well as a pen and notepad for taking notes.
What to expect:

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