Labor Market for Educator

This chapter analyses the labour market for educators. We explain how educators decide to supply their labour and how do they react to the change of wages. We also present the decisions of the owners of the private schools regarding the demand for labour. We will explain how the wage of educators is fixed taling into account the structure of the labour market for educators. We also show all changes which happen in the case of government intervention into the labour market. The choice of the person to become educator is also presented and analyzed taking into account the relationship between skills and professional choice. The chapter: