Thursday, January 21, 2016

Optional material for Employment Decisions


  1. Watch Charlie Chaplin in Modern Times. It shows what happens when the speed of the conveyor belt is the variable input and the number of workers is fixed.
  2. Read How to ask for a raise.
  3. Clifford on total and marginal product
  4. Clifford on marginal product and marginal cost
  5. Clifford on marginal, average variable, average total, and average fixed cost curves
  6. Clifford on wage and employment decisions for a single input
  7. Clifford with an example of optimal input decision for a single input
  8. Clifford with old AP question on productivity and employment. The last part looks at cost minimization holding output constant.
  9. Kahn on optimal level of employment single factor

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