ECON 230 - Labor Economics

Credits: 3

Prerequisites: ECON 100 or both ECON 101 and 102. This course addresses how labor markets and institutions allocate labor and determine earnings and the distribution of income in the United States. Economic models are used to explain labor market outcomes generated by our economy. Where such outcomes are deemed less than socially optimal, these models are used to evaluate prospective and current labor market policies intended to address these shortcomings. Some attention is given to comparing American labor market outcomes with those in other developed countries. Handy, Kaiser.