Lec 15: Input Markets I—Labor Market

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MIT 14.01 Principles of Microeconomics, Fall 2023
Instructor: Prof. Jonathan Gruber
View the complete course: ocw.mit.edu/courses/14-01-principles-of-microeconomics-spring-2023/
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In this lecture, Prof. Gruber introduces factor markets which is where businesses buy, rent, or hire resources to produce goods and services. Students are also introduced to two new fields of economics: labor markets and finance. Keywords: Factor markets, factor demand, labor markets, finance   

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