1 Labor Markets and Income Distribution ©2006 South-Western College Publishing.
Most Important Micro Graphs. Non-graph Concepts Comparative Advantage problems –Calculating opportunity costs –Calculating terms of trade Elasticity –Calculating.
Copyright © 2009 Pearson Education, Inc. 6- 1 Topic 3. Chapters 6 & 7 Supply of Labor.
1 Chapter 11 Labor Markets Key Concepts Key Concepts Summary Summary Practice Quiz Internet Exercises Internet Exercises ©2002 South-Western College Publishing.
Economic Growth Economic Growth, in general, means increase in economic (material) well being of average citizen.