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Labor Economics
ECON 215
Spring 2024
Section: 01  

This course will introduce topics, theories, institutions, and policy issues relating to the functioning of labor markets. The topics we will cover include labor supply decisions, investments in human capital, compensating wage differentials, firms' labor demand decisions, compensation programs, the economics of unemployment, and labor market discrimination. We will begin the course by analyzing the neo-classical labor supply, demand, and equilibrium. Then, we will explore the possible reasons why labor market outcomes may deviate from what the perfectly competitive neo-classical model predicts: factors such as human capital accumulation choices, productivity heterogeneity, institutional rigidities (e.g., minimum wage, unions), labor mobility, and discrimination.
Credit: 1 Gen Ed Area Dept: SBS ECON
Course Format: Lecture / DiscussionGrading Mode: Student Option
Level: UGRD Prerequisites: ECON101 OR ECON110
Fulfills a Major Requirement for: (ECON-MN)(ECON)
Past Enrollment Probability: 90% or above

Last Updated on JUL-24-2024
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