The supply curve for labour shows how much labour a worker will supply at different wage rates. In this lesson, students will learn how the supply curve for labour is created and how it can be affected by both monetary and non-monetary factors. Students will also learn why the supply curve for labour slopes upwards from left to right as well as what the substitution and income effects are. This class is aimed at students in Years 12-13 who want to gain a better understanding of economics!
Safeguarding reminder:The safety of your child is of the utmost importance. All of our classes are pre-recorded to remove any concerns around live participation. For reruns of our past live classes, students' webcams and microphones were disabled and only the chat history, if participation was requested, is visible.
This class is suitable for students in Years 12 and 13.