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What is labor in economics?

Updated: 11/5/2022

Wiki User

∙ 9y ago

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Labor is work done for wages. Labor Economics is the study of the economics surrounding labor. Researchers may study what choices affect the decisions concerning labor.

Deondre Schamberger ∙

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∙ 2y ago

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Wiki User

∙ 9y ago

Labor is work done for wages. Labor economics is the study of the economics surrounding labor. Researchers may study what choices affect the decisions concerning labor.

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Continue Learning about Economics

When was Journal of Labor Economics created?

Journal of Labor Economics was created in 1983.

What is the nature and scope of labor economics?

What is the nature and scope of Labour economics?

Why study labor economics?

To make work more effective.

What is the difference between labor and labor in economics?

none - labour is the British spelling of the American word, labor, as is harbour, rumour, neighbour, honour and colour.

What is an example of a labor law in economics?

A restriction on when a union may call a strike

Related questions

When was Journal of Labor Economics created?

Journal of Labor Economics was created in 1983.

What is the definition of labor in economics?

the definition of labor and economic

What has the author Derek Laing written?

Derek Laing has written: 'Labor economics' -- subject(s): Labor economics

What has the author Melvin Warren Reder written?

Melvin Warren Reder has written: 'Labor in a growing economy' -- subject(s): Labor economics, Labor and laboring classes 'Studies in the theory of welfare economics' -- subject(s): Economics, Welfare economics

What is the nature and scope of labor economics?

What is the nature and scope of Labour economics?

What has the author Campbell R McConnell written?

Campbell R McConnell has written: 'Contemporary labor economics' -- subject(s): Labor economics

What fields can you take if you choose ecomonics?

Microeconomic Theory, Econometrics, Industrial Organization, International Economics, Labor Economics, Macroeconomics and Monetary Economics, and Public Economics

What type of economics are Labor unions are associated with?

Macroeconomics

What has the author Joseph Shister written?

Joseph Shister has written: 'Readings in labor economics & industrial relations' -- subject(s): Industrial relations, Labor and laboring classes 'Economics of the labor market' -- subject(s): Industrial relations, Labor supply, Labor unions, Trade-unions

Why study labor economics?

To make work more effective.

What are the four types of resources economics?

Labor, land, capital, entreprenurial

Picking fruit is an example of skilled labor?

No, im taking economics

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