lec16_labor_market

lec16_labor_market - 1 Spring 2007 Intergroup Dialogue on...

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Unformatted text preview: 1 Spring 2007 Intergroup Dialogue on Race/Ethnicity- 4 unit courses- Small class sizes (12-14 students)- Facilitated conversations on race/ethnicity, and other social identities- Fulfills some G.E. requirements What is Intergroup Dialogue? Intergroup dialogue brings together students from two or more social identity groups in a small group, cooperative environment which creates a powerful setting for learning and personal growth. These social identity groups are usually characterized by historical and structural inequalities and conflicts and are often defined in terms of race, ethnicity, gender, sexual orientation, religion, and social class. Applicants who do not get into the class will have the opportunity to take a survey and receive compensation. Apply Now! www.sohr.ucsd.edu Part of a Multi-university research project Reminder: no discussion sections today (Friday, Feb 23) Exams returned in discussion section week of Feb 26 March 2 Chapter 14: Labor Markets, Poverty, and Income Distribution A. Demand for labor Joes Muffler Shop Inputs: building tools utilities labor Output: number of mufflers replaced Joes shop nets: $100 for each muffler replaced Question: take building, tools, and utilities fixed, vary labor 9 3 8 2 5 1 Output (mufflers per day) Number of workers 2 Definitions: The marginal product of labor is how much output would increase from hiring one more worker The value of marginal product is how much revenue would increase from hiring one more worker 9 3 8 2 5 1 Output (mufflers per day) Number of workers 1 9...
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This note was uploaded on 04/19/2010 for the course ECONOMICS econ 2 taught by Professor Nieta during the Spring '10 term at UCSD.

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lec16_labor_market - 1 Spring 2007 Intergroup Dialogue on...

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