In economics, labour (or labor) is a measure of the work done by human beings. It is conventionally contrasted with such other factors of production as land and capital. There are theories which have created a concept called human capital (referring to the skills that workers possess, not necessarily their actual work), although there are also counter posing macro-economic system theories that think human capital is a contradiction in terms. Types of labour:: * human capital * housework * manual labour * slavery * unfree labour * volunteer * wage slavery * wage labour source:: wikipedia.
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.
Journal of Labor Economics was created in 1983.
What is the nature and scope of Labour economics?
To make work more effective.
Retail sales.
Labor, land, capital, entreprenurial
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.
Journal of Labor Economics was created in 1983.
the definition of labor and economic
Derek Laing has written: 'Labor economics' -- subject(s): Labor economics
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 Labour economics?
Campbell R McConnell has written: 'Contemporary labor economics' -- subject(s): Labor economics
Microeconomic Theory, Econometrics, Industrial Organization, International Economics, Labor Economics, Macroeconomics and Monetary Economics, and Public Economics
Macroeconomics
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
To make work more effective.