Distinction between absolute poverty and relative poverty

The poverty trap

Policies towards equity and equality

Labour market forces and government intervention

Demand for labour as a derived demand

Factors affecting demand for labour in a firm or an occupation

Causes of shifts in and movement along the demand curve for labour

Marginal revenue product (MRP) theory

Factors affecting the supply of labour to a firm or an occupation

Causes of shifts in and movement along the supply curve of labour

Wage determination in perfect markets

Wage determination in imperfect markets