Chapter 18. The Markets for the Factors of Production. Gregory Mankiw. Principles of Economics. 7th edition
Introduction The Demand for labor The Demand for labor
-The competitive Profit-Maximizing Firm The Demand for labor
-The Production Function and the Marginal Product of Labor The Demand for labor
-The Production Function and the Marginal Product of Labor The Demand for labor
-The Value of the Marginal Product and the Demand for Labor The Demand for labor
- What Causes the Labor
-Demand Curve to Shift? The Supply of Labor
- The Trade-off between Work and Leisure The Supply of Labor
- What Causes the Labor
-Supply Curve to Shift? Equilibrium in the labor market Equilibrium in the labor market
- Shifts in Labor Supply Equilibrium in the labor market
- Shifts in Labor Demand The Other Factors of Production: Land and Capital The Other Factors of Production: Land and Capital
- Equilibrium in the Markets for Land and Capital The Other Factors of Production: Land and Capital
- Equilibrium in the Markets for Land and Capital The Other Factors of Production: Land and Capital
- Linkages among the Factors of Production The Other Factors of Production: Land and Capital
- Linkages among the Factors of Production Conclusion