TAILIEUCHUNG - Lecture Microeconomics: Theory and applications (12th edition): Chapter 18 - Browning, Zupan

Chapter 18 - Using input market analysis. In this chapter students will be able to: Analyze the effects of minimum wage on the employment of unskilled workers, determine the extent to which employers versus employees bear the burden of the social security program, explore an important hidden cost of Social Security that results from the program's long-run impact on saving and social accumulation,. | MICROECONOMICS: Theory & Applications By Edgar K. Browning & Mark A. Zupan John Wiley & Sons, Inc. 12th Edition, Copyright 2015 Chapter 18: Using Input Market Analysis Prepared by Dr. Della Lee Sue, Marist College Learning Objectives Analyze the effects of minimum wage on the employment of unskilled workers. Determine the extent to which employers versus employees bear the burden of the Social Security program. Explore an important hidden cost of Social Security that results from the program's long-run impact on saving and social accumulation. (continued) Learning Objectives (continued) Explore the benefits to firms from colluding in hiring an input through examining the NCAA cartel. Show how employment discrimination can affect wage rates and employment. Outline the benefits and costs of immigration. THE MINIMUM WAGE Analyze the effects of minimum wage on the employment of unskilled workers. The Minimum Wage Law Fair Labor Standards Act Passed by Congress in 1938 .

• Kinh tế học
• Microeconomics theory
• Microeconomics applications
• Lecture Microeconomics
• Kinh tế vĩ mô
• Minimum wage
• Hidden costs
• Scope of microeconomic theory
• Normative analyses
• Consumer choice
• Theory of consumer choice
• Consumer choice theory
• Excise subsidies
• Game theory
• Economics of information
• Demand curves
• Supply curves
• Consumption choices
• Substitution effects
• Economic efficiency
• Competitive equilibrium
• Relating output to inputs
• Empirical estimation
• Cost of production
• Shortrun cost
• Profit maximization
• Perfectly competitive markets
• Competitive model
• Excise taxation
• Monopolist’s demand
• Marginal revenue curves
• Product pricing
• Monopoly power