wage setting · cohort + async
Wage Setting Under Imperfect Competition
This module walks through wage-setting mechanisms when firms have pricing power in labor markets. You will interpret elasticity sketches, relate posted wages to vacancy flows, and separate measurement noise from structural signals. The emphasis is on transparent assumptions and policy-aware language rather than single-number answers.
THB 12,800 · 5 weeks
Outcomes
- Draft a two-page wage memo with explicit caveats
- Spot three common misreads of posted-wage data
- Present one policy comparison using the cohort template
What is included
- Monopsony and oligopsony intuition with minimal algebra
- Posted wages vs. realized pay: reconciliation checklist
- Vacancy-wage scatterplots: what moves off the line
- Reading firm-level case memos without hero narratives
- Dashboard filters for sector and occupation rollups
- Peer review rubric for wage narratives
- Office hours on interpretation, not forecasting
Lead contact
Arisara Wichai — Labor economist focused on firm surveys and Thailand wage floors.
Questions
No. The course trains interpretation and reporting discipline. We do not provide forecasts or guaranteed outcomes.
No bespoke data collection for your firm, no legal advice, and no recruitment services.
Recordings are available for seven days; you can still submit assignments for feedback.
Participant notes
“The posted-wage vs. realized pay checklist stopped us from overfitting a quarterly spike. Still wish the monopsony algebra had one more slow walkthrough.”
“Case memo on imperfect competition finally clicked when we mapped the vacancy-wage scatter.”