ECON303: Labor Economics

4 votes
Free Closed [?]
ECON303: Labor Economics

In economics, the term "labor" refers to workers.  As a factor of production, labor earns wages for the services that it renders.  As such, students of labor economics have traditionally set out to understand wage formation, the level of employment, and all elements that go into the making of a wage relationship.  Over the years, the social and economic contexts in which labor markets operate have become increasingly complex; nowadays, labor economics is no longer limited to the study of wages.  Modern labor economics instead seeks to understand the complex workings of the labor market by studying the dynamics between employers, employees, and their wage-, price-, and profit-making incentives.  In other words, modern labor economics explores the outcomes of the labor market under the assumption that workers strive to maximize their wellbeing and firms strive to maximize profits.  It also analyzes the behavior of employers and employees and studies their responses to changes in government policies and/or…

Categories: Business

Comments

Alternatives

16 0 0

This seminar will cover the multi-disciplinary theoretical and empirical foundations of research on work, employment, labor market…

Prerequisites

-- no prerequsites found for the course --
If you can suggest any prerequisite, please let us know.

Paths



See all Education Paths

Certification Exams

There are exams from independent organizations where you can get certification after completion of the course. t k='certificationexamsallprov' g='dir' p1=$course.vname}

1 0

Corresponds to a one-semester course in labor relations; comparable to an end-of-course test required of business administration m…

Details


Students

People who learned this course or plan to learn. These people added the course to their Education Passport or their Personal Education Path.

Anastasia Korostynska Anton Pankov Christopher O'Keeffe Damien Deas Danie Van Schalkwyk Ekaterina Hermes Regnier Marat Maxim Nesterov MIRIAM ADHIAMBO OLOO Natty Ryan Clark Selah Kneubuhl Steve Young

If you learned this course or plan to learn then add it to your Personal Education Path or your Education Passport

Similar courses

Courses related to the course subject

7 0 0

This course focuses on recent developments in contract theory. Topics include: advanced models of moral hazard, adverse selection,…

13 0 0

14.461 is an advanced course in macroeconomics that seeks to bring students to the research frontier. The course is divided into t…

12 0 0

Professor Blanchard will discuss shocks, labor markets and unemployment, and dynamic stochastic general equilibrium models (DSGE m…

6 0 0

Build your earth science vocabulary and learn about cycles of matter and types of sedimentary rocks through the Education Portal c…

This course covers empirical strategies for applied micro research questions. Our agenda includes regression and matching, instrum…

11 0 0

This course surveys research which incorporates psychological evidence into economics. Topics include: prospect theory, biases in…

10 0 0

The purpose of this course is to provide you with a basic understanding of the principles of microeconomics.  At its core, the st…

6 0 0

Economics is traditionally divided into two parts: microeconomics and macroeconomics.  The purpose of this course is to provide y…

####**Course Summary** Over the last 10 to 15 years, the inception of new products and services has steered corporations to manag…

11 0 0

This course addresses the evolution of the modern capitalist economy and evaluates its current structure and performance. Various…

Let us know when you did the course ECON303: Labor Economics.

Started on: Completed on:
Your grade (if any):
Comments:

Add the course ECON303: Labor Economics to My Personal Education Path.

Start the course on:
Duration of study:
Notes:

Successfully added to your path.

View your path

Select what exam to connect to the course. The course will be displayed on the exam page in the list of courses supported for certification with the exam.


Notes about how the exam certifies students of the course (optional):