How can I show the impact of a NMW on employment using a supply and demand graph?

You'd need to draw your pair of axes, labelling the vertical one "wages" and the horizontal one "quantity of workers". Your labour demand and supply curves should look like normal demand and supply curves. The National Minimum Wage (NMW) would be a horizontal line above the equilbrium point. This NMW intersects twice with the pair of axes, the distance between both intersections is your excess labour supply - i.e. the number of unemployed workers in this economy.

Martin G. A Level Economics tutor, GCSE English tutor, GCSE French tu...

3 months ago

Answered by Martin, who has applied to tutor A Level Economics with MyTutor

Still stuck? Get one-to-one help from a personally interviewed subject specialist


£20 /hr

Matthew S.

Degree: Economics (Bachelors) - Exeter University

Subjects offered: Economics, Maths+ 2 more

Extended Project Qualification

“Who am I? I am a 3rd Year Economics Student at the University of Exeter. Economics has always been at the top of my interests meaning that I have real passion for all things economics and math based which I will aim to instill into my...”

£20 /hr

James B.

Degree: Mathematics and Economics (Bachelors) - Nottingham University

Subjects offered: Economics, Maths


“About me : I am currently studying Maths and Economics at Nottingham University, about to go into my second year. Over the summer I have been in America teaching and counselling kids at a summer camp and I hope to bring what I have le...”

£30 /hr

Adam B.

Degree: Economics and Mathematics (Bachelors) - Bristol University

Subjects offered: Economics, Maths+ 1 more

Further Mathematics

“Hi!  I'm an enthuthiastic and motivated tutor with a commitment to developing my student's understanding of concepts within their chosen subjects.  As an Economics and Mathematics undergraduate I am committed to delivering a tailored...”

About the author

£20 /hr

Martin G.

Degree: Economics (Bachelors) - LSE University

Subjects offered: Economics, Physics+ 1 more


“Top tutor from the renowned Russell university group, ready to help you improve your grades.”

MyTutor guarantee

You may also like...

Other A Level Economics questions

What is the difference between accounting and economic profit?

What are the likely impacts of a sustained budget deficit for an economy?

Why is the concept of the “marginal “ so important in economics?

What is price discrimination?

View A Level Economics tutors


We use cookies to improve our service. By continuing to use this website, we'll assume that you're OK with this. Dismiss