Teacher Resources

Compensating Wage Differentials Lecture Plan


See Lesson Plan

Share Your Resources!

Lecture Objective: Students understand what “there ain't no such thing as a free lunch” really means. In other words, they can identify different types of nonmonetary compensation and how they form part of real wages.

 

The lesson incorporates two MRU videos about compensating wage differentials from our Principles of Microeconomics video course. We also mix in discussion prompts, exercises, practice questions, graphs and charts, and pre- and post-class assignments. Finally, we provide supplementary resources such as additional data sources, relevant news articles and blog posts, two episodes of Planet Money, and a podcast conversation between Tyler Cowen and Peter Thiel.


The lecture can be paired with any intro textbook, but is based on a chapter from Modern Principles of Economics by Tyler Cowen and Alex Tabarrok.
 

Featured Video
 


See Lesson Plan

Share Your Resources!

Contributors: 
Mary Clare Peate
Instructional Designer
Alex Tabarrok
Professor of Economics

4 Comments

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
12 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.
Sawyer6's picture
Sawyer6Sawyer commented 3 months 1 week ago

The objective of this lecture is to understand students that how they can identify about different non monetary compensation and how they form a real wage. These videos, lectures help a student about basic principle of microeconomics. The https://www.essaygeeks.co.uk is an official forum for writing services. Hope to see more such informative videos.

harryjacobusa's picture
harryjacobusaharryjacobusa commented 1 month 2 weeks ago

I am a passionate for IT Certification exams dumps. I provide latest dumps questions answers. Our success rates in the past two years have been absolutely impressive, thanks to our happy customers who are now able to proper their careers in the fast lane. Dumpscollection is the number one choice among IT professionals. Adobe is the industry leader in information technology, and getting certified by them is a guaranteed way to succeed with IT careers. We help you do exactly that with our high quality Adobe https://www.dumpscollection.com/AD0-E106-exam.html materials. If you need latest and most updated questions answers required then visit Dumpscollection because study without dumps is not easy.

Sawyer723's picture
Sawyer723Sawyer commented 1 month 1 week ago

The main purpose to lunch these lectures is to provide helpful content for students. Recently I am preparing my final exams and these videos help me to understand my concern lectures. These videos help to understand the principle of economics and on which base this principle lay. I have https://www.trustpilot.com/review/papersowl.com which a trusted and reliable forum for students to understand and solve their queries related to economic principle.

katimiller's picture
katimillersamreid commented 1 month 1 day ago

I think it is the right of experts at DumpsTool for their studious attempt to help out IT exams candidates. Microsoft AZ-900 dumps PDF has been very useful and fruitful for me throughout my preparation. I say thanks for such a great help which helped me to realize my dream IT certification. The questions and answers series was infallible so I suggest all to take help from https://www.dumpstool.com/AZ-900-exam.html.

Looking for more resources?

Sign up and receive updates on new videos, test banks,
and classroom activities!