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This video lesson provides an INTRODUCTION TO LABOUR ECONOMICS, a branch of economics that deals with the study of the labour market, and labour market institutions influence labour market outcomes. Issues related to the demand and supply of labour, wages, and employment; are the focus of Labour Economics.
The course is designed for undergraduate students at Perez University College in Ghana, but it is also suitable for anyone interested in understanding the basics of labour economics. The lesson delves into the impact of government policies on the labour market such as minimum wage legislations, labour unions, among others. The lesson also considers current issues and debates in labour economics and their relevance to the labour market in Ghana.
By the end of this video, you will have a solid understanding of the fundamental concepts and principles of labour economics and be able to apply them to real-world situations. Whether you are a student, an economist, or simply someone interested in the labour market, this video is an excellent resource to start with.