This course provides a general overview of labor markets primarily in the U.S., using the theoretical and empirical tools of modern economics. Topics include labor force participation, the allocation of time to market work, migration, labor demand and monopsony, investment in human capital like education and on-the-job training, race and gender and discrimination, labor unions, and unemployment. The course will also examine the impacts on work and well-being of government programs such as unemployment insurance, minimum wages, and a negative income tax like the modern earned income credit.

Credit Restrictions

Students will receive no credit for ECON 151 after completing ECON 152. A deficient grade in ECON 151 may be removed by taking ECON 152.

Repeat Rules

Course is not repeatable for credit.

Requirements class fulfills