人大经济学题库一(国外英文资料).docVIP

人大经济学题库一(国外英文资料) JA. Describe the scarcity hypothesis and its use in labor market analysis. Describe the particularity of the labor market trading object? (P20) Unlike product market and capital market, labor market has its obvious uniqueness, due to the Labour or laborer provided by the labor service is impossible without him laborer exist independently, so in the Labour market trading, labor or labor ability of this kind of special commodity actual ownership transfer has not happened, just use labors transfer. Therefore, strictly speaking, the Labour market is just a special kind of loan market, workers take has the ability to work with certain conditions, in a certain price on loan for employers to use for a period of time. Describe the difference and connection between superior labor market and secondary labor market. (P25) Master the Labour market and inferior the division of the Labour market is based on the dual labor market theory, master the Labour market is characterized by: good Labour market conditions of employment, salary welfare level is high, the work environment is good, but the labor market demand for Labour providers is higher. The characteristics of the secondary labor market are: job insecurity, low pay and poor working conditions. In a word, the superior and inferior labor market is relatively independent operation, although also can exist between two markets Labour mobility, but most of the low level of knowledge and skills, jobs with poor laborer from inferior the Labour market is difficult to flow into the master of the Labour market. Describe the income effect and substitution effect of wage rate change on labor supply? (P43) A person facing the market wage rate rises, can appear not only substitution effect, income effect also occur and wage rates rise, leisure costs rise, will promote labor tend to be more work time instead of leisure time, income effect lead to labor supply time tend to reduce, and the substitution effect cause labor sup