How changes in demand and supply, relative bargaining strengths, discrimination and government policy can all influence differences in earnings between workers whether they are: skilled/unskilled; primary/secondary/tertiary; male/female; private sector/public sector. Definition, drawing and interpretation of diagrams that illustrate the effects of changes in demand and supply in the labour market.

Including income, the rate of interest and confidence – between different households and over time.

How changes in total demand may increase the utilisation of resources and GDP – resulting in a movement from inside toward the PPC.