Trades Unions UK
What are the effects of unions on employment
- Depends on employer (monopsony, competitive)
- Efficiency wage theory
- Productivity increases
Effect of Trades Unions on a Competitive Labour Market
Unemployment of Q3-Q2
Trades Unions on Monopsony
If a Trade union bargains for W3, it does not create unemployment, but employment stays at Q2. See: Monopsony for more details.
See also:
Essays and Revision Notes on Labour Markets
- Labour Markets home
- Demand for Labour
- Supply of Labour
- Wage Determination
- Labour Market Imperfections
Flexible Labour Markets
- Flexible Labour Markets
- Adv and Disadvantages of Flexible Labour Markets
- Increasing Labour Market Flexibility
- Changes UK Labour Markets
- Participation Rate
- Trades Unions
- Ageing Population
Minimum Wages
TUC - Trade Union Council of UK
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