ECON 451 - Labor Relations

When Offered: F, S, SS

3 Credit(s)
3 Lecture Hour(s)
0 Lab Hour(s)

This course introduces the economic analysis of labor markets. Labor economics is a field in applied microeconomics, and draws upon basic microeconomic and statistical concepts. Topics include the demand for and the supply of labor, labor market equilibrium, compensating wage differentials, acquisition of human capital, education as a signal, migration, discrimination, unions, incentive pay, and unemployment.

Prerequisite(s): A minimum grade of C in ECON 200, ECON 201, and MATH 112 or MATH 131.