Economics work revision

Why do People work

What is the definition of a full time worker?

What is the definition of a Part- time worker?

What is the definition of temporary employment?

What is the definition of seasonal employment?

What does pay from work allow people to do?

What can pay do?

Why do people work even when they don't need the income?

Why are some main reasons why people don't work?

How is Growth in services affecting work?

What is the definition of specialisation?

What are benefits of specialisation?

What are the limitations of specialisation?

How has ICT through the internet effected work?

How has ICT through E-mail effected work?

How has ICT through Home working effected work?

What is the definition of flexible working

Why are people paid?

What is Salary?

What is a wage?

What is commission?

What is overtime payment?

What is shift work payment?

What is BACS?

What are fringe benefits?

What is the definition of expenses?

What is a pay slip?

What is Gross pay?

What is net Pay?

What is income tax?

How can Income tax be paid?

What is national insurance?

What are pension contributions?

What could be other possible deductions from income?

P45 and P60

What is tax code?

What is the supply of labour?

What are monetry factors?

What are non-monetry factors?

How does Gender affect it?

What has changed with gender now?

How does Ethnic Origin affect it?

How does taxation affect it?

How do State benefits affect it?

What is demand for labour?

What is derived demand?

How the government influence the demand for labour?

How are wages determined?

What is differences in wages?

Reasons for differences in wages: Training and skills

Reasons for differences in wages: Gender

Reasons for differences in wages: Age

Reasons for differences in wages: Trade Unions

Reasons for differences in wages: Government influence

Why do wage rates change?

What does Surplus of labour mean?

What does Shortage of labour mean?

What does minimum wage mean?

What is unemployment?

What are costs of unemployment to the individual

What are monetary costs of unemployment?

What are non-monetary costs of unemployment?

What is the duration of unemployment?

Why does the duration of unemployment vary?

Why does the duration of unemployment vary: Skills and training

Why does the duration of unemployment vary: Qualifications

Why does the duration of unemployment vary: Age

What does government strategies to help the unemployed mean?

Government strategies to help the unemployed: Tax allowances

Government strategies to help the unemployed: Jobseekers' allowance

Government strategies to help the unemployed: Working tax credits

Government strategies to help the unemployed: The new deal

Government strategies to help the unemployed: Education

Government strategies to help the unemployed: Apprenticeships