ECO 477 - LABOR ECONOMICS

College of Business and Economics

Credit(s): 3

This course uses economic analysis to understand labor markets. Students will be introduced to major labor market indicators and develop the tools of economic analysis of labor demand decisions by profit- maximizing firms and labor supply decisions by rational workers. Using these tools students will examine labor market structures and both existing and potential government policies which determine wages, earnings, employment, hours worked. Students will also examine the relationship between the labor market and investments in physical and human capital.

Prereq: ECO 401 or equivalent.