WHY SOME JOBS PAY MORE THAN OTHERS

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Presentation transcript:

WHY SOME JOBS PAY MORE THAN OTHERS ECON-U1-L9 SSEPF6a-b Mrs. Amy Jessee

BELL RINGER Which of the following BEST explains why mechanical engineers are paid more than janitors? Engineers make more money for a firm and are in shorter supply. Engineers are more educated than janitors. Engineers do mental work but janitors do physical work. Engineers work longer hours than janitors.

SSEPF6 SSEPF6 Describe how the earnings of workers are determined in the marketplace. SSEPF6a Identify skills required to be successful in the marketplace. SSEPF6bExplain the significance of investment in education, training, and skill development.

EXIT TICKET Answer the following essential questions in your journals: What are the skills you need to be successful in the workplace? What role do investments in education, training, and skill development play in determining the earnings of workers in the marketplace?