This course uses economic theory and data to analyze topics such as: (1) individuals decisions about hours of work, investment in training or education, and choosing an occupation; (2) firms decisions about hiring, training workers, and setting wage rates; and (3) the resulting wage and employment outcomes as influenced by union contracts and implicit employment contracts. Also considered are public policy recommendations concerning minimum wages, job training programs, hazards on the job, race and sex discrimination, and income inequality.
