Jobs, Technological Change, and Globalization|
Unlike markets for widgets, labor markets involve the lives of those whose work is being bought and sold. Beliefs about fairness affect these markets, and we pay particular attention when they are jolted by technological change and globalization. The human element makes such markets worthy of special attention. The course starts with foundations for understanding labor markets: the "derived" demand for labor, factors affecting labor supply, the decision to work (or not) and the often costly choice to acquire job skills. Next we study a wide range of special topics: worker mobility and immigration, pay and productivity, unemployment and wage inequality, and the effects of both technological change and global trade. We probe these issues both theoretically and empirically. Throughout the course we apply economic theory to policy issues including minimum wage and immigration laws, anti-discrimination policies, job training programs, welfare plans, and occupational safety and health standards.
||Gen Ed Area Dept:
|Course Format: Lecture / Discussion||Grading Mode: Student Option|
||Prerequisites: ECON101 OR ECON110
||Fulfills a Major Requirement for: (ECON-MN)(ECON)
||Past Enrollment Probability: 75% - 89%
|Major Readings: Wesleyan RJ Julia Bookstore
Ehrenberg & Smith. MODERN LABOR ECONOMICS, 13th edition or more recent edition. Additional readings will be on Moodle or E-Reserves.
|Examinations and Assignments: |
6-9 practice problem sets, two mid-term quizzes, and a final exam.
|Additional Requirements and/or Comments: |
Regular attendance and active participation in class discussions. Prompt submission of assignments. Please note that if you do not match one of the prerequisite listings, then you need to submit a prerequisite override request.
|Instructor(s): Rayack,Wendy Times: .M.W... 10:50AM-12:10PM; Location: PAC125; |
|Total Enrollment Limit: 30||SR major: 0||JR major: 5|| || |
|Seats Available: 7||GRAD: X||SR non-major: 15||JR non-major: 5||SO: 0||FR: 5|
|Drop/Add Enrollment Requests|
|Total Submitted Requests: 0||1st Ranked: 0||2nd Ranked: 0||3rd Ranked: 0||4th Ranked: 0||Unranked: 0|