This post will help further your understanding of labour market outcomes, as part of your Prelim Economics course. Labour market outcomes refer to things such as wage outcomes, equality and productivity, that arise from an efficient labour market.
An Overview of Labour Market Outcomes
The video below looks at wage outcomes in the labour market.
We also look at the arguments for and against a more equitable distribution of income from work. The video below explains this in more detail.
Want to learn more? Check out more of our Preliminary Economics resources here!