MIT 14.01 Principles of Microeconomics, Fall 2023 - Lec 15: Input Markets I—Labor Market

MIT 14.01 Principles of Microeconomics, Fall 2023 Instructor: Prof. Jonathan Gruber View the complete course: https://ocw.mit.edu/14-01F23 YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP60V7HxLYRaJMbFzP77bzEjb In this lecture, Prof. Gruber introduces factor markets which is where businesses buy, rent, or hire resources to produce goods and services. Students are also introduced to two new fields of economics: labor markets and finance. Keywords: Factor markets, factor demand, labor markets, finance    License: Creative Commons BY-NC-SA More information at https://ocw.mit.edu/terms More courses at https://ocw.mit.edu Support OCW at http://ow.ly/a1If50zVRlQ We encourage constructive comments and discussion on OCW’s YouTube and other social media channels. Personal attacks, hate speech, trolling, and inappropriate comments are not allowed and may be removed. More details at https://ocw.mit.edu/comments.