
Labor Economics
Course Code
ECON 24000 10
Course Description
This course is an introduction to labor economics with an emphasis on applied microeconomic theory and empirical analysis. Topics to be covered include: labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, creativity over the lifecycle and unemployment. For each topic we will describe the basic economic framework used in the analysis, analyze associated cases studies and draw conclusions about what we have learned. Most of the examples will be based on U.S. labor data. A special attention will be given to randomized trials and experimental methods to infer causality.
Course Criteria
Prerequisites: ECON 10000/20000/20010
Instructor(s)
Julio Elias
Other Courses to Consider
These courses might also be of interest.
Introduction to EconometricsThe objective of this course is to introduce students to the practice of econometrics.
The course will focus on the use of multiple regression as a tool to establish causal relations.
The course emphasizes all steps of the process of empirical research: data collection, analysis, and presentation, both written and oral. Multiple examples of this process will be discussed.
You will be expected to read and evaluate existing research. You will apply the techniques discussed in class to a topic of your choosing. You will write a paper and present your results to the class.
Residential
Elements of Economic Analysis 1This course is an introduction to the "economic approach" as it is applied to consumer behavior. We will stress the notion that individuals maximize their well-being, as they conceive it, subject to resource constraints.
The course develops the necessary mathematical and graphical tools to carry out the analysis of the canonical utility maximization problem. We pay particular attention to the way in which the canonical model of individual behavior, ``the" utility maximization problem, provides a unified treatment of individual behavior, even in settings in which it may not be fully descriptive of the situation at hand.
We will also analyze the aggregation of individual decisions into group (market, in this case) aggregates. We will apply this basic model of human behavior to numerous areas such as the allocation of time (including home production), intertemporal choice, choice under uncertainty (including the economic of analysis of crime and the value of a statistical life) among others.
Residential
Elements of Economic Analysis 2This course examines demand and supply as factors of production and the distribution of income in the economy. It also considers some elementary general equilibrium theory and welfare economics.
Residential