Labor Market: Supply and Demand von James DeNicco

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Über den Vortrag

Der Vortrag „Labor Market: Supply and Demand“ von James DeNicco ist Bestandteil des Kurses „Principles of Macroeconomics (EN)“. Der Vortrag ist dabei in folgende Kapitel unterteilt:

  • Labor Market: Supply and Demand
  • Jimmy D's Hoagie Shop
  • Diminishing Returns
  • How Many Workers Do We Hire?
  • Labor Demand
  • Labor Supply
  • Supply vs Demand
  • Decrease in the Working Age Population
  • Unemployment & Minimum Wage

Quiz zum Vortrag

  1. ...increases output at a decreasing rate.
  2. ...increases output at an increasing rate.
  3. ...increases output at a constant rate.
  4. ...decreases output at an increasing rate.
  1. Larger; smaller
  2. Larger; larger
  3. Smaller; smaller
  4. Smaller; larger
  1. Labor demand will shift right, increasing the equilibrium wage and increasing equilibrium employment.
  2. Labor demand will shift left, decreasing the equilibrium wage and decreasing equilibrium employment.
  3. Labor demand will shift right, decreasing the equilibrium wage and decreasing equilibrium employment.
  4. Labor supply will shift right, decreasing the equilibrium wage and increasing equilibrium employment.
  1. There will be a labor surplus and unemployment will be created.
  2. There will be a labor shortage and unemployment will be created.
  3. Nothing will happen because the wage is not binding.
  4. Unemployment will decrease because workers will have more money.

Dozent des Vortrages Labor Market: Supply and Demand

 James DeNicco

James DeNicco

Dr. DeNicco graduated from Drexel University in 2013. His primary field is Macroeconomics and his secondary field is Industrial Organization. His primary research interests are in Macroeconomics and applied Macroeconomics, especially the relationship between GDP growth and labor dynamics.

His focus is on jobless recovery, which explores the speed of recovery in unemployment rates post recession, controlling for GDP growth. He is currently an Assistant Professor at the University of Tampa, where he teaches both Macroeconomics and Microeconomics.

Dr. DeNicco also does work as a Research Associate for the Center for Labor Markets and Policy. In that role he has conducted extensive work with BLS and BEA data regarding estimation and forecasting techniques used by the Massachusetts Governor’s Office and the Rhode Island Department of Labor.

In addition, he collaborates on research identifying the determinants of successful transitions from high school to college and persistence in college, with the goal of identifying major transition barriers needing either program or policy intervention.


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