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3.3 Workers

Topic 3.3 - Workers

This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics:

SectionTopicsGuidance
3.3.1Factors affecting an individual’s choice of occupationWage and non-wage factors
3.3.2Wage determination
  • influences of the demand for labour and the supply of labour
  • trade unions and their relative bargaining power
  • government policy, including national minimum wage (NMW)
  • drawing and interpretation of diagrams that illustrate the effects of:
    – changes in demand and supply in the labour market
    – national minimum wages
3.3.3Reasons for differences in wages
  • Reasons for differences:
    – demand for and supply of labour
    – relative bargaining strengths
    – discrimination, e.g. male/female
    – government policy
  • How these reasons influence the wages of workers, depending on:
    – level of skills of workers
    – economic sector workers operate in: primary/secondary/tertiary
    – discrimination between workers, e.g., male/female
    – whether the worker is working in the private sector or public sector
3.3.4 Mobility of labour
  • causes of changes in the occupational and geographical mobility of labour
  • consequences of changes in the occupational and geographical mobility of labour
3.3.5Division of labour
  • definition of division of labour (worker specialisation)
  • advantages and disadvantages of division of labour

Please click on the relevant hyperlink below to access other InThinking resources for this section of the syllabus.

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