Shift in Supply and Demand: Research Paper

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The supply of workers would also increase, however, as the result of increased demand. At first, because workers in this field are highly skilled, they might be able to command a very high price for their labor, and supply might initially be constrained and lag behind demand. But the global economy has enabled many high-technology jobs to be outsourced. Furthermore, college students are likely to tailor their skills to the upturn in demand. Because many of the workers in this industry are young, and the field is geared to younger people with a high level of comfort with technology, an influx of new graduates is likely.

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The only possible 'cap' upon the potential supply of workers is that the field of technology is also difficult. Difficulty in mastering the field and getting a degree in computer science or engineering may pose a limit upon the supply….....

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