Pearson Education, in collaboration with the world's leading newspaper, The New York Times, is pleased to offer educators and students a carefully edited collection of recent New York Times articles for Economics.
Article:
"Who's Getting the New Jobs?"
Questions:
- Assuming, for now, that the labor market is like any other, create a demand and supply graph for that market. Be careful in how you label each axis. How would you show an increase in immigration in your labor market?
- Since immigration affects the supply schedule, list some policies a country could follow that would:
- encourage immigration (increase supply)
- discourage immigration (decrease supply)
- Do you think it makes sense to talk about a market for immigration? What would be the determinants of both demand and supply in such a market?
