TAILIEUCHUNG - Ebook Economics today (16th edition): Part 2

(BQ) Part 2 book "Economics today" has contents: Unions and labor market monopoly power; income, poverty, and health care; environmental economics; comparative advantage and the open economy; exchange rates and the balance of payments. | 29 and Labor Market Unions Today, fewer than 8 percent of all . workers employed by private firms are members of unions. In contrast, nearly 40 percent of local, state, and federal government employees belong to unions. Recently, government employment has grown more rapidly than private-sector employment—a trend that has contributed to the growth in the number of union members employed by governments. Indeed, in the late 2000s, the number of unionized workers in the government sector surpassed the number of unionized workers in the private sector for the first time in . history. In this chapter, you will learn about the goals of unions and about their place in the . economy. LEARNING OBJECTIVES Monopoly Power After reading this chapter, you should be able to: ̈ Outline the essential history of the labor union movement ̈ Discuss the current status of labor unions ̈ Describe the basic economic goals and strategies of labor unions ̈ Evaluate the potential effects of labor unions on wages and productivity ̈ Explain how a monopsonist determines how much labor to employ and what wage rate to pay ̈ Compare wage and employment decisions by a monopsonistic firm with the choices made by firms in industries with alternative market structures MyEconLab helps you master each objective and study more efficiently. See end of chapter for details. 642 CHAPTER 29 ■ Unions and Labor Market Monopoly Power the average employee of state and local governments in the United States receives 45 percent more in combined wages and benefits than the average worker in the private sector? The explanation for this differential is that an increasing percentage of state and local government workers belong to labor unions—organizations that seek to secure economic improvements for their members. Nonunion employees of state and local governments receive approximately the same wages and benefits as private workers. In contrast, unionized employees of state and local governments receive

• Kinh tế học
• Economics today
• Labor market monopoly power
• health care
• Environmental economics
• Comparative advantage
• The open economy
• The balance of payments
• Issues in economics today
• Lecture Issues in economics today
• Macroeconomic issues
• International issues
• Price control issues
• Economics of crime
• Economics of children
• Minimum wage
• Farm policy
• The economics of crime
• Climate change
• International finance
• Natural resources
• Opportunity cost
• Prescription drugs
• Producer surplus
• Firm production
• Fiscal policy
• Federal spending
• Monetary policy
• Interest rates
• Demand model
• Elasticity of demand
• Present value
• Perfect competition
• Gross domestic product
• Aggregate demand
• Aggregate supply
• National debt
• Federal deficits
• Flaws in the CPI
• International trade
• International monetary fund
• Trade agreements
• Economic model
• Taxes on tobacco
• Environmental problems
• Economic models of health care