ECON 320 - Survey of Labor Economics
Section: 001
Term: FA 2009
Subject: Economics (ECON)
Department: LSA Economics
Requirements & Distribution:
Enforced Prerequisites:
ECON 101 with a C or better.
Advisory Prerequisites:
ECON 102 (unless ECON 101 completed with B or higher).
May not be repeated for credit.
Primary Instructor:

This is a one term introductory course in Labor Economics. The course begins by discussing the determinants of labor supply. We will consider a simple model of labor supply in which an individual chooses between labor and leisure. In this process we will also try to see how effective some welfare programs are in encouraging work. After this we will turn to the other side of the labor market in which firms decide on their hiring decisions. This will be the study of labor demand. We will discuss how regulations such as the minimum wage affect the hiring decisions of a firm. Additional topics include the study of labor market equilibrium, compensating wage differentials, human capital, and labor market discrimination.

The waitlist is managed according to standard departmental practice.

ECON 320 - Survey of Labor Economics
Schedule Listing
001 (LEC)
MW 6:00PM - 7:30PM
NOTE: Data maintained by department in Wolverine Access. If no textbooks are listed below, check with the department.

3rd edition is also OK.
ISBN: 0073402826
Labor economics, Author: George J. Borjas, Publisher: McGraw-Hill/Irwin 4. ed. 2007
Syllabi are available to current LSA students. IMPORTANT: These syllabi are provided to give students a general idea about the courses, as offered by LSA departments and programs in prior academic terms. The syllabi do not necessarily reflect the assignments, sequence of course materials, and/or course expectations that the faculty and departments/programs have for these same courses in the current and/or future terms.

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