Labour (economics)
(Redirected from Labor (economics))
Labour or labor is work done by people. Labor is one of three factors of production. The other two factors are land and capital.
People who can work are also known as human capital, referring not necessarily to what they actually do, but to their abilities.
Labour (economics) Media
A "help wanted" sign seeks available workers for jobs.
The neoclassical model analyzes the trade-off between leisure hours and working hours.
Effects of a wage increase
The Income and Substitution effects of a wage increase
- Laboursupplysmall
- Labour demand in the short run small.png
A Firm's Labour Demand in the Short Run
- Sabah Sarawak labour advert Kuala Lumpur.JPG
An advertisement for labour from Sabah and Sarawak, seen in Jalan Petaling, Kuala Lumpur
Related pages
- Wage, paying someone for labor.
