1. what is the anticipated effect of greater demand for skilled workers on skilled-worker wages? Explain and illustrate graphically
2. examine the impact in the market for healthcare workers of an increased demand for healthcare. Explain carefully ad illustrate graphically.
3. Examine the potential impact on the labor market in the agriculturalsector (the market for farm workers for example ) of the introduction of labor saving technology. Explain and illustrate graphically. explain how this change might impact the structure of employment overtime.
4. Examine the factors or conditions that differentiate labor market from a good or service market. Explain carefully. Do not list.
5. the labor market process involves essentially three forces- indicate what they are and briefly explain each.
6. we study labor market processes in order to understand labor market outcomes. What are some (discuss four) examples of labor market outcomes.
7. carefully explain the concept of pareto optimality. Explain what type of changes would be considered pareto optimal and what types of changes would not.
8. Explain the concept of market failure. what types of market failure might occur in labor markets? Explain.