Qualification > Commerce
peopleeeeeeeeeeeeeeeeee-eco paper 3
aquarian93:
thanks you :)
+REP
how abt "describe likely changes in earnings over time for an individual"
Name:
--- Quote from: aquarian93 on May 28, 2009, 06:34:58 am ---thanks you :)
+REP
how abt "describe likely changes in earnings over time for an individual"
--- End quote ---
People’s earnings tend to increase over time because:
1. there may be a pay scale and people move up 1 point on the scale each year
2. Loyalty
3. Experience
4. Cost of living. Increase to compensate for inflation
5. Promotion
6. More skills and qualifications
= Earnings of skilled people tend to be higher than unskilled
- Reward for long training (education required)
- Skilled people are scarcer than unskilled so the price of their labour (wage) is higher
= Male and female
- Men on average tend to earn more than woman on average
- Sex and discrimination
Women often have ‘career gaps’ to have/raise children. This puts them behind men in terms of experience and promotion
Many women tend to work part time hours
Many women are concentrated into traditionally low paid work such as secretarial, retail, hotel and catering
- Agriculture/ manufacture/services
aquarian93:
so we jus say that incomes start low for fresh workers and gradually increases rite?
thanks alot By the way :)
junky demon:
Could anyone please tell me the importance for the paper 3 what i mean is a list of topics of the main ones ???
I know all are important but I assume no one here is going to waste time after topics like scarcity :P..so just
asking for the list of the main topics which have appeared often in the exams :-\
and yeah thanks nid and name for those presentations..gt them all ;)
nid404:
all i know is they haven't asked much about
1)Functions of money
2)Types of banks
3)Competition
4) Monetary and fiscal policy
but i think u should do the entire content well.
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