The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. Upon successful completion of this course, students will be able to: (1) Demonstrate an understanding of basic labor economics theory, including labor market structures and wage determination. (2) Apply their understanding of theoretical models to analyze trends in data pertaining to topics in labor economics. (3) Construct, defend, and analyze important labor policy issues. (4) Comprehend, assess, and criticize existing empirical work in labor economics.
This course examines the development of the theories of labor supply, labor demand, and human capital in a systematic manner. Topics include wage and employment determination, labor turnover, job search, immigration, unemployment, equalizing differences, and institutions in the labor market.