Team C_Week4_The Economics of Labor Markets

ECO 365 Week 4 The Economics of Labor Markets
Select an organization your team is familiar with or an organization where a team
member works.
Develop a 15- to 20-slide Microsoft® PowerPoint® presentation to be presented to the
CEO's executive committee that addresses how your chosen organization determines
what quantity of labor to demand and what events could shift the demand and supply of
that labor.
Explain the following in your presentation:
§ How your organization's production function is related to its marginal product of labor
§ How your organization's marginal product of labor is related to the value of its
marginal product
§ How your organization's marginal product is related to its demand for labor
§ Examples of events that could shift the demand or supply of labor and why they do so
§ Reasons a worker's wages might be above the level that balances supply and demand
§ An analysis of the impact that government policies addressing income inequity and
poverty could have on labor demand or supply
Cite a minimum of 3 peer-reviewed sources not including your textbook.
Format consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
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