Trade unions: labour market manipulators?

Rob Thomas, Ken Heather

Research output: Chapter in Book/Report/Conference proceedingChapter (peer-reviewed)peer-review

Abstract

To some people, trade unions are crucial protectors of the weak. To others, they force up wage levels to unrealistic levels and contribute to unemployment. What role do trad unions have in a modern economy? How successful are they in raising the wages of their members? To what extent do they manipulate labour markets? In this chapter we review: * Indifference curves * Cartels We introduce: * The demand for labour * Wage rate determination
Original languageEnglish
Title of host publicationModern applied economics: a problem-oriented approach to economic theory
EditorsK. Heather
Place of PublicationLondon
PublisherHarvester Wheatsheaf
Pages209-225
Number of pages17
ISBN (Print)0745014658
Publication statusPublished - 1994

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