Examines the influence of markets, unions, and government on labor allocation and remuneration. Analyzes human capital, discrimination, mobility and migration, productivity, unemployment, and inflation. Compares outcomes under competition with those in a world marked by shared market power and bargaining. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Examines the unique insights available through economic analysis regarding the causes, mechanisms, and consequences of inequality and discrimination. Examines the extent of inequality, the varieties and extents of discrimination, and explores the economic models that suggest explanations. Approved for arts and sciences core curriculum: human diversity. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Growth in health expenditures worldwide over the past three decades has led to an increase in research in health economics and its importance in public policy in developed and developing countries. The purpose of this course is to encourage students to read, think, and do research on issues in health economics. This course will cover issues that are pertinent to the US, other developed and developing countries. It will cover the basics of health economics such as health production functions and the role for government as well as touching on topical issues such as health care reform. Recommended prereq., ECON 3818. Requisites: Requires prerequisite course of ECON 3070 (minimum grade C-).
Focuses on the demand side of labor markets. Topics include standard static and dynamic models of labor demand, labor market discrimination, composition of compensation, labor hierarchies within enterprises, unionization, efficient contracts, and macroeconomics of labor markets. Department enforced prereq., ECON 7010.
Focuses on special topics in labor economics: dynamic theories of labor supply, employment, and unemployment; labor supply in a household framework; and labor market activity and income distribution. Explores both theoretical models and empirical tests in each area. Department enforced prereq., ECON 7010. Requisites: Restricted to graduate students only.
