Business and Labor · Microeconomics

The Labor Market

Analyzing how wages are determined and the impact of education and skills on earning potential.

Key Questions

  1. 1Why do different jobs pay different wages?
  2. 2How do labor unions influence the relationship between employers and employees?
  3. 3What trade-offs does a minimum wage increase create for small businesses?

Ontario Curriculum Expectations

ON: Canadian and World Studies - Grade 9ON: The Labor Market - Grade 9
Grade: Grade 9
Subject: Economics
Unit: Business and Labor
Period: Microeconomics

Suggested Methodologies

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