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
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
causes of changes in the occupational and geographical mobility of labour consequences of changes in the occupational and geographical mobility of labour
definition of division of labour (worker specialisation) advantages and disadvantages of division of labour
Objective notes5 learning objectives3.3.1Factors affecting an individual’s choice of occupation• wage and non-wage factorsView3.3.2Wage 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 wagesView3.3.3Reasons 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 sectorView3.3.4Mobility of labour• causes of changes in the occupational and geographical mobility of labour• consequences of changes in the occupational and geographical mobility of labourView3.3.5Division of labour• definition of division of labour (worker specialisation)• advantages and disadvantages of division of labourView