49.302 Labor Economics

Labor Economics

Course Details
Min Credits 3
Max Credits 3
Course ID 5904
Status Active

An introduction to the economic analysis of behaviors and institutions in the labor market: labor supply and participation, labor demand by firms, wage determination under different institutional settings, and gender, race or ethnicity as determinants of different labor market outcomes. The course presents microeconomic models, empirical findings and their public policy implications on topics such as minimum wage, affirmative action, social insurance prorams, workplace safety, and subsidized day care. Prerequisites: 49.201 or instructor's approval.

Pre/Co-Requisites: Pre-Req: 49.201 Economics I (Microeconomics).