ECO 405 Labor Economics and Public Policy
Why are some professions paid more? How do you identify wage discrimination? How do you design policies that encourage individuals to work but provide a safeguard from poverty? Is immigration helpful or hurtful for a nation’s economy? We study these and other policy questions by building a theoretical model of the labor market and gathering empirical evidence. Economic and social forces determining the character and utilization of human resources in a market economy. Topics include labor supply, labor demand, collective bargaining, mobility, human capital, unemployment, technological changes, and wage rates.