ECON 376 The Economics of Labor (Not offered 2006-2007) (W)
This seminar will explore the workings of U.S. labor markets with an emphasis
on workers and their wages. Theoretical models and empirical research are used
to explain the neoclassical economists' view of how wages are determined
within labor markets. Challenges to the neoclassical view will also be discussed.
The course will focus on the policy implications of the theories presented in
class. Examples of the types of topics to be covered include: wage differences by
race and gender, minimum wages, discrimination, the effect of trade and
immigration on U.S. workers' wages, income inequality, and the increasing
importance of higher education in determining earnings.
Format: seminar. Requirements: at least one exam, a research paper, and a class
presentation.
Prerequisites: Economics 251 and 253 or 255 or permission of instructor if
student has not taken 253 or 255. Enrollment limit: 20.