Macroeconomics: The Labor Market

I present a simple description of the labor market starting with defining wage setting and price setting. I use the model to illustrate the effects of competition policy and labor market reforms on equilibrium unemployment.

For the full Intermediate Macroeconomics Cource, please see the following lectures:

Macroeconomics: The Goods Market
Macroeconomics: The Multiplier Effect
Macroeconomics: The IS Curve
Macroeconomics: Movements Along the C...
Macroeconomics: The Money Market
Macroeconomics: The LM Curve
Macroeconomics: The IS-LM Model
Macroeconomics: The Labor Market
Macroeconomics: The Phillips Curve
Macroeconomics: The IS-LM-PC Model
Exchange Rates
Purchasing Power Parity
Interest Rate Parity
Open Economy: The Goods Market
Open Economy: Fiscal Policy and the M...
Open Economy: Increases in Foreign De...
Open Economy: Effects of a Depreciation
Open Economy: Reducing the Trade Deficit
Open Economy: The Marshall-Lerner Con...
Open Economy Macroeconomics: The Mund...
The Solow Model
The Solow Model With Technological Pr...

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