Labor Economics

3 Credits · Level: Undergraduate

This course applies economic analysis and evidence to understanding employment outcomes and how public policy shapes those outcomes. Outcomes considered include employment levels and growth, wages, unemployment, and working conditions. Policy issues include how social policy affects labor supply; and impacts of minimum wages, of unions and collective bargaining, of health and safety regulations, and of technological change, international trade, and immigration. Tools you learned in principles courses and in high-school algebra and geometry will be sufficient for understanding the material.