TAILIEUCHUNG - Lecture Introduction to economics: Social issues and economic thinking: Chapter 12 - Wendy A. Stock

Chapter 12 - Immigration and the international trade of labor. After completing this unit, you should be able to: Describe the extent of international migration, assess the costs and benefits of migration for migrants, assess the costs and benefits of migration for host and home countries, define and describe the extent of outsourcing and offshoring. | Introduction to Economics: Social Issues and Economic Thinking Wendy A. Stock PowerPoint Prepared by Z. Pan Chapter 12 Immigration and the International Trade of Labor Copyright © 2013 John Wiley & Sons, Inc. / Photo Credit: OMAR TORRES/AFP/GettyImages, Inc. 1 Describe the extent of international migration Assess the costs and benefits of migration for migrants Assess the costs and benefits of migration for host and home countries Define and describe the extent of outsourcing and offshoring Copyright © 2013 John Wiley & Sons, Inc. 2 After studying this chapter, you should be able to: 2 An Immigrant is someone who migrates into a host country. An Emigrant is someone who migrates out of their home country. Copyright © 2013 John Wiley & Sons, Inc. 3 Immigrant and emigrant 3 Copyright © 2013 John Wiley & Sons, Inc. 4 International Migrants as a Percentage of the Population 4 Copyright © 2013 John Wiley & Sons, Inc. 5 . Immigrant Population by State 2010 5 Monetary costs and benefits: the differences in earnings and cost of living across locations, the cost of flying or driving to the host location the cost of moving belongings. Nonmonetary costs and benefits: changes in the distance from family and friends changes in recreation and leisure opportunities changes in language, cultural, and governmental differences Copyright © 2013 John Wiley & Sons, Inc. 6 Costs and Benefits for Immigrants 6 Improvement in earnings opportunities attract immigrants Higher monetary or other costs of moving reduce immigration People who are financially secure and have more labor skills are more likely to migrate than others Younger individuals are more likely to migrate than older individuals Copyright © 2013 John Wiley & Sons, Inc. 7 Determinants of Immigration 7 Copyright © 2013 John Wiley & Sons, Inc. 8 Impacts of Immigration on Host Country Labor Markets 8 Copyright © 2013 John Wiley & Sons, Inc. 9 Impacts of Immigration on Host Country Labor Markets 9 The impact of immigrants on .

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