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3.3. Workers

Syllabus
0455–2027–2028
Topic
3.3
Level

3.3.1—Factors affecting an individual’s choice of occupation

  • wage and non-wage factors

3.3.2—Wage determination

  • influences of the demand for labour and the supply of labour
  • trade unions and their relative bargaining power
  • government policy, including national minimum wage (NMW)
  • drawing and interpretation of diagrams that illustrate the effects of:
  • changes in demand and supply in the labour market
  • national minimum wages

3.3.3—Reasons for differences in wages

  • reasons for differences:
  • demand for and supply of labour
  • relative bargaining strengths
  • discrimination, e.g. male/female
  • government policy
  • how these reasons influence the wages of workers, depending on:
  • level of skills of workers
  • economic sector workers operate in: primary/secondary/tertiary
  • discrimination between workers, e.g. male/female
  • whether the worker is working in the private sector or public sector

3.3.4—Mobility of labour

  • causes of changes in the occupational and geographical mobility of labour
  • consequences of changes in the occupational and geographical mobility of labour

3.3.5—Division of labour

  • definition of division of labour (worker specialisation)
  • advantages and disadvantages of division of labour

Objective notes

5 learning objectives
ConceptIGCSE Economics