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Labour supply

In this regular column, Peter Smith offers some guidance on tackling examination questions in economics

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This question appeared in Unit F583 — Economics of work and leisure — within the OCR specification, and focuses on issues of labour supply. The two parts of the question address two key aspects of labour supply, dealing with the elasticity of labour supply and with migration.

(a) Analyse, using examples, the factors which determine the elasticity of labour supply to an occupation. (15 marks)

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More than just exports: international activities of countries

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The cost of water

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