Discuss the market for software engineers

Reference no: EM133466261

Assignment:

Consider the market for software engineers. Suppose there is a decrease in labor demand. We assume the following:

. It takes time to produce a software engineer.

. Agents decide to become software engineers before entering the labor market.

. They make the decision based on running wages in different occupation at time of school choice.

What happens to equilibrium wages and employment in short run and long run as a result of the decrease in demand? Draw and explain all the steps. How does your answer change if we assume that agents have rational expectations?

Reference no: EM133466261

Questions Cloud

Why do you think this line of large volcanoes : Why do you think this line of large volcanoes all the way from northern Washington ends at Lassen in northern California?

Create test of one category of ESP : Create a test (experiment) of one category of ESP (for instance, telepathy) to perform in collaboration with a classmate, friend, or family member.

What are the common resources involved : What are the Common Resources involved? What are the identifiable public goods? Look for a news article online that might talk about externalities.

How would you handle each of the charge nurses : How would you handle each of the charge nurses and their comments and What kinds of issues will need to be dealt with in the future in relation to change

Discuss the market for software engineers : Consider the market for software engineers. Suppose there is a decrease in labor demand. It takes time to produce a software engineer.

Do you feel the addition of a diabetic education : Do you feel the addition of a diabetic education seminar is needed at the facility and How can Nancy address this issue and adhere to her proposed budget

Multi-contingency model and information process approach : In this multi-contingency model and information process approach diagnosis, Discuss your selected organization's task design

How a business can make decisions using the marginal cost : What are some of the takeaways that you have after reflecting on how a business can make decisions using the marginal cost marginal revenue idea?

Describe what kind of organization you believe this to be : Describe what kind of organization you believe this to be? Is this mostly vertical or horizontal organization? Why do you think that this organization level

User Account

All Pages