Artificial limits to an industries labour supply (eg through the introduction of minimum entry requirements or other legal barriers to entry)
Increasing the size of the working population. As the supply of the labour increased due to the increase in population one would expect a corresponding increase in the supply of labour
Changes in non-pecuniary benefits enjoyed by workers in the industry eg changes in job status/ changes in holiday entitlement

PECUNIARY BENEFITS monetary benefits gained from employment eg wages, bonus

NON-PECUNIARY BENEFITS non-monetary benefits gained from employment eg perceived job status, job satisfaction

NET ADVANTAGES of an occupation include monetary benefits, quasi-pecuniary benefits, and non-monetary advantages and disadvantages of an occupation

QUASI-PECUNIARY BENEFITS give workers a financial benefit without increasing wages eg staff discount, company car, private healthcare

	Created by samyajahangir over 9 years ago

A Level A2 Economics Note on Supply Curve for Labour and the Economy (Movements Along and Shifts), created by samyajahangir on 22/03/2015.