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Ayesha.Tabassam95
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Hi. Im doing an my discursive essay on the above for english. Anyone have any ideas?? I would really appreciate it
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Lorem Ipsum
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Economics, friend.
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thegodofgod
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GCSE Economics.

High supply of doctors, low demand. Excess supply. Downward pressure on price for labour.

High demand for footballers, low supply. Excess demand. Upward pressure on price for labour.
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scotttb
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(Original post by thegodofgod)
GCSE Economics.

High supply of doctors, low demand. Excess supply. Downward pressure on price for labour.

High demand for footballers, low supply. Excess demand. Upward pressure on price for labour.
This, hand in your 20 word essay now (make sure you reference "thegodofgod" of course.
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Ayesha.Tabassam95
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Thanks for the tips
I dont mean to be rude but i have no idea what your talking about
But ive looked it up on the internet and theres lots of sub topics to it so which part would it be under??
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Mr Dangermouse
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Doctors are paid by the NHS who will pay as little as they are willing to work for. There are more doctors qualified than the NHS actually need so those who are willing to work for less get the jobs.


Whereas with footballers there are many teams chasing just a few top class players, so the cost to get them increases.


Barcelona/Man Utd/Man City/Real/Chelsea etc would all be willing to pay £150000 per week for Messi, but the NHS has do much choice that it can hire the cheapest doctor possible.
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GodspeedGehenna
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State vs private. Has nothing to do with supply/demand.
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CyclopsRock
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All employers pay as little as they can. What that number is is based upon how much that person can raise for the business, how required they are, how many others could do the same job etc etc. There's really no more to it.
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Mr Dangermouse
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(Original post by GodspeedGehenna)
State vs private. Has nothing to do with supply/demand.
Wrong. If the NHS was privatised you wouldn't see doctors on £200000 per week.
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CyclopsRock
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(Original post by GodspeedGehenna)
State vs private. Has nothing to do with supply/demand.
Of course it does, only it's actually slightly the other way around. Because, in the case of doctors, the vast, vast majority of them really only have one choice of employer, the supply and demand at play here is not that of the doctors, but that of employers. The reason their wages are therefore "low" (they aren't "low" really, but given what they do etc...) is because the supply of employees is high relative to the number of employers, therefore the employers have them over a barrel - in the same way that the few, say, brain surgery consultants have the private companies over a barrel. If you are necessary but rare commodity, you have massive power in negotiations. The fact that the NHS is state run is only relevant insomuch as it reinforces their de facto monopoly over employers for doctors.
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raff:)
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Football matches bring in a lot of money, as loads of people buy tickets to come and watch the game etc.
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Ayesha.Tabassam95
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Fair enough but then how come even the rubbish players get paid more -well in most cases?
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ilovelabradors
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(Original post by Ayesha.Tabassam95)
Hi. Im doing an my discursive essay on the above for english. Anyone have any ideas?? I would really appreciate it
I guess that is because there is loads of money available in the football business, so it's sensible that it goes mostly to the players.

Unfortunately, the same doesn't happen in the NHS. However, I reckon doctors get a pretty good salary. Nurses and other medical staff could indeed earn a bit more, however society is not about deserving it, if it were people that save lives would earn so much more that sports people.
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Dreamweaver
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Nothing to do with supply and demand. Football is a multi-billion pound entertainment industry thus footballers are entitled to a share of the clubs profits. 20 years ago footballers used to make £10 a week. It's been commercialised now.
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Extricated
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LOL at "supply and demand."

The government can only afford to pay doctors so much due to the fact that tax revenue has to be distributed via healthcare, education, road building etc. Conversely, Football (esp the premier league) make millions upon millions in revenue which can be directed straight to wages, since other expenses are negligible in comparison.
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Moiraclaire
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The laws of supply and demand.

There is a higher supply of doctors than good footballers, also greater demand for good footballers than doctors.

TOTALLY UNJUST :L footballers are unproductive and normally mentally subnormal - they make lots of little boys spend way too much time playing football when they should be focusing on their education - this makes me very angry.

(Original post by Dreamweaver)
Nothing to do with supply and demand. Football is a multi-billion pound entertainment industry thus footballers are entitled to a share of the clubs profits. 20 years ago footballers used to make £10 a week. It's been commercialised now.
(Original post by Extricated)
LOL at "supply and demand."

The government can only afford to pay doctors so much due to the fact that tax revenue has to be distributed via healthcare, education, road building etc. Conversely, Football (esp the premier league) make millions upon millions in revenue which can be directed straight to wages, since other expenses are negligible in comparison.
Football is a multi billion pound industry because demand to watch football is high, demand for footballers is derived from the demand to watch footballers.

Footballers rationally choose the highest wage - nothing to do with 'sharing'.

DOCTORS - relatively high supply as thousands of medics graduate every year, relatively low demand as we need thousands of doctors to work in our hospital

a lovely basic economics lesson for all :L
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Ayesha.Tabassam95
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I see. I think i might 'plagerise' some of this stuff if no one minds??
I was really passionate about this topic but now it seems i have no argument. Its simply down to there being more profit in the football industry and the NHS cant afford to pay doctors the wage that footballers recieve, so is that basically it?
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Crawfords
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cant really compare them, football is a source of entertainment for millions like how actors are paid loads - whereas, even though doctors have a very meaningful job - its just a normal job
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simoncino
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I think that it can be explained with S & D. Billions of people turn on their TVs to watch footballers, the demand for football is huge. However, there is only one Lionel Messi, supply is low. Doctors are relatively homogenous, and the truly exceptional doctors are also on astronomical salaries (in the private sector).

Also, bare in mind that not all footballers are on £200k/week salaries, that's a tiny minority.
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Nix-j-c
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All football clubs are ran as businesses. the aim of business is to make as much money as possible . . . aims of doctors are to treat as many patients as possible to a high standard . . .
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