Wages are governed by labour supply and labour demand. Labour demand reflects the marginal productivity of labour. — Заработная плата регулируется предложением труда и спросом на него. Спрос на труд отражает предельную производительность труда.
Англо-русский экономический словарь.
marginal productivity — UK US noun [U] ► ECONOMICS, PRODUCTION the amount that can be produced by adding one unit of something, such as labour, to the production process, or the added profit that this produces: »Modern economists have approached with caution the idea… … Financial and business terms
marginal productivity theory — In economics, the theory that firms will pay a productive agent only what he or she adds to the financial earnings of the firm. Developed by writers such as John Bates Clark and Philip Henry Wicksteed at the end of the 19th century, marginal… … Universalium
Labour power — (in German: Arbeitskraft , or labour force) is a crucial concept used by Karl Marx in his critique of capitalist political economy. He regarded labour power as the most important of the productive forces. Under capitalism, according to Marx, the… … Wikipedia
Labour economics — seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour… … Wikipedia
Labour productivity — is defined by the OECD to be the ratio of a volume measure of output to a volume measure of input OECD Manual: “Measuring Productivity; Measurement of Aggregate and Industry Level Productivity Growth.” (2002) Volume measures of output are… … Wikipedia
Productivity — in economics refers to measures of output from production processes, per unit of input. Labor productivity, for example, is typically measured as a ratio of output per labor hour, an input. Productivity may be conceived of as a measure of the… … Wikipedia
labour economics — Study of how workers are allocated among jobs, how their rates of pay are determined, and how their efficiency is affected by various factors. The labour force of a country includes all those who work for gain in any capacity as well as those who … Universalium
Marginal revenue productivity theory of wages — The marginal revenue productivity theory of wages, also referred to as the marginal revenue product of labor and the value of the marginal product or VMPL, is the change in total revenue earned by a firm that results from employing one more unit… … Wikipedia
Marginal utility — In economics, the marginal utility of a good or service is the utility gained (or lost) from an increase (or decrease) in the consumption of that good or service. Economists sometimes speak of a law of diminishing marginal utility, meaning that… … Wikipedia
labour law — Body of law that applies to matters such as employment, wages, conditions of work, labour unions, and labour management relations. Laws intended to protect workers, including children, from abusive employment practices were not enacted in… … Universalium
Criticisms of the labour theory of value — often arise from an economic criticism of Marxism. Contents 1 Microeconomic theory 2 Supply and demand 3 Jevons 4 Menger s critique … Wikipedia
