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Simple harmonic oscillations can be modeled by the projection of circular motion at constant angular velocity onto a diameter of the circle. When this is done, the analog along the diameter of the acceleration of the particle executing simple harmonic motion is
Labor Markets
Economic platforms where workers find paying work, employers find willing workers, and wage rates are determined.
Labor Supply
The total hours that workers are willing and able to work at a given wage rate, in a given time period.
Labor Demand
The total amount of workers that employers are willing and able to hire at a given wage rate within an economy.
Compensating Differentials
Wage differentials that arise to compensate workers for the desirability or undesirability of a job's characteristics.
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