ECON 5351. Seminar In Labor Economics. 3 Hours.
Labor economics focuses on short-run and long-run aspects of supply and demand of labor, including theory and empirical analysis of the behavior of participants in the labor force. Readings in current labor economics literature and appropriate research topics will be covered, including the history of labor organizations. Frequent topics include the microeconomic effects of marriage, fertility, and mobility on labor supply, as well as the macroeconomic effects of unemployment on inflation.