copyright © 2009 pearson education, inc. 6- 1 review for final exam will include questions from:...
TRANSCRIPT
Copyright © 2009 Pearson Education, Inc. 6- 1
Review For Final Exam
Will Include Questions From:
In-Class Lectures Chapter 6 (exclude pps. 185-187 and 202-205)Chapter 8 (exclude appendix)Chapter 9 (exclude appendix)Chapter 10 (exclude pps. 347-354)Chapter 12 (exclude pps. 422-427 and appendix)Articles 7, 8, and 9
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Chapter 6 - Supply of Labor and Decision to Work
Theory of the Decision to Work Income and Substitution Effects of a Wage ChangeThe Graphics of Labor-Leisure Choice Graphical Analysis of Income Replacement ProgramsGraphical Analysis of Welfare ProgramsWelfare Reform and Workfare
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Figure 6.1: An Individual Labor Supply Curve Can Bend Backward
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Figure 6.7: Indifference Curves and Budget Constraint (with an increase in nonlabor income)
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Figure 6.14: Income and Substitution Effects for the Basic Welfare System
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Chapter 8 - Compensating Wage Differentials
The Role of Compensating Wage Differentials in Matching Worker and EmployerHedonic Wage Theory and Risk of Injury -Worker Indifference Curves -Employer Isoprofit Curves -The Offer Curve Hedonic Wage Theory and Employee Benefits
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Figure 8.1: A Family of Indifference Curves between Wages and Risk of Injury
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Figure 8.3: A Family of Isoprofit Curves for an Employer
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Figure 8.12: Market Determination of the Mix of Wages and Benefits
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Chapter 9 - Human Capital Investments
Net Present Value and The Human Capital Investment DecisionThe Effect of Education and OJT on Earnings - Males and Females Women and Human Capital Acquisition Is Education a Good Investment? The Signaling Model
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Figure 9.4:
Money Earnings (Mean) for Full-Time,
Year-Round Female Workers, 2005
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Figure 9.6: The Increased Concavity of Women’s Age/Earnings Profiles
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Figure 9.8: The Lifetime Benefits and Costs of Educational Signaling