Labor Economics

3 Credits · Level: Graduate, Undergraduate

This course will examine the main theoretical and empirical issues regarding how labor markets work. The material will cover standard topics such as labor demand, the decision to work, human capital, discrimination, migration, unions, wage setting practices within a firm, and unemployment. The course will also examine how human capital and labor market outcomes interact with marriage, divorce, fertility, and crime. An emphasis will be placed on the dramatic changes in the wage and employment structure of the labor market over the last four decades. Empirical techniques will be covered to enable students to evaluate and conduct an empirical analysis.