Unit Plan

Texas Gateway: Chapter 4: Demand and Supply at Work in Labor Markets

Curated by ACT

By the end of this section, you will be able to predict shifts in the demand and supply curves of the labor market, explain the impact of new technology on the demand and supply curves of the labor market, and explain price floors in the labor market such as minimum wage or a living wage.

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Additional Tags
minimum wage, ap macroeconomics, demand and supply at work in labor markets, equilibrium in the labor market, labor markets, price floor, shifts in labor demand, shifts in labor supply, technology and wage inequality, texas gateway, labor market, supply and demand within a market economy
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Classroom Considerations
  • Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional