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Labor Economics

Economics of labour according to Labor economics tries to figure out how the markets for wage labour work and how they change over time Labour is a service worker do for companies in exchange for money called wages Because these people are also part of a social and political system social cultural and political factors must also be considered in labour economics.(Nursing Assignment Help)

Also the course Labor Economics says that "Labor" is a way to measure how much work some people do It is compared to other production factors such as land and capital In some way it focuses on human capital or entrepreneurship which refers to workers' skills and knowledge not necessarily their work

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