LSA Course Guide

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Class Detail:
FA 2010 Economics ECON 320 - Survey of Labor Economics Section 001
Credits:	3
Requirements & Distribution:	SS
Enforced Prerequisites:	ECON 101 with a C or better.
Advisory Prerequisites:	ECON 102 (unless ECON 101 completed with B or higher).
Repeatability:	May not be repeated for credit.
Primary Instructor:	Ramani,Vinay
	(real time availability for all sections)

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.

Course Syllabi 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. Search for Syllabus

Textbooks/Other Materials (data maintained by department in Wolverine Access)

Note:	Earlier edition is also OK.

ISBN: 0321533739	Modern labor economics : theory and public policy, Author: Ronald G. Ehrenberg, Robert S. Smith., Publisher: Pearson/Addison Wesley 10th ed. 2009
Required	Other Textbook Editions OK.