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Introduction to Labor Economics

Опубликовано на портале: 22-09-2003
Факультет: Department of Economics
Дисциплина: Economics 350
Год: осень, 2002
Язык: Английский
Язык оригинала: английский
Тематические разделы: Экономика, Экономика труда

This course provides a discussion of the economics of the labor market. The course begins with an overview of the trends and institutional features that characterize the labor market. Particular attention is placed on the causes and consequences of rising female labor force participation rates, the growth of the service sector, and other labor market issues. After this introductory discussion, the focus of the course turns to a discussion of the theory of labor demand. In this section of the course, students examine the short-run and long-run determinants of labor demand. The determinants of the elasticity of labor demand, and the importance of demand. Students examine the tradeoff that occurs between the number of workers hired and the length of the work week. The next section of the course provides a discussion of the determinants of labor supply. This discussion begins with an examination of labor supply in a simple model in which workers face a choice between labor and leisure. This is followed by a discussion of the household production model in which individuals must choose to allocate time among market and various types of nonmarket activities. The effects of alternative types of welfare, unemployment compensation, and social security systems on labor supply are then examined. The concluding section of the course provides an examination of alternative sources of wage differentials. This portion of the course provides an examination of the economics of education, unions, discrimination, compensating wage differentials, and other determinants of wage differences.

- Current semester online lecture materials

Introduction (Chapter 1)
Labor Markets (Chapter 2)
Short-run Labor Demand (Chapter 3)
Long-run Labor Demand (Chapter 3 cont.)
Labor Demand Elasticities (Chapter 4)
Nonwage Labor Costs (Chapter 5)
Labor Supply I (Chapter 6)
Labor Supply II (Chapter 7)
Compensating Wage Differentials (Chapter 8)
Economics of Education (Chapter 9)
Worker Mobility (Chapter 10)
Gender, Race, and Ethnicity (Chapter 12)


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