Labor Economics

This course is an introduction to the analysis of labor markets in advanced capitalist economies with primary reference to the United States economy. Aside from discussing the determinants of the supply and demand of labor and the qualities of labor market equilibrium, the course may cover the dominant theories of ancillary issues, like the determinants of labor productivity, wage differentials, and the role of incentive pay. Several topics of importance to the general welfare of society may also be covered, such as migration, education, labor market discrimination, and government programs to address unemployment.

029271