EC 331 - Economics of Labor Markets and Income Distribution

Analysis of current labor market theories, problems and trends. Topics include the changing characteristics of the U.S. labor force, labor supply and demand, alternate compensation systems, human capital development, labor market signaling, discrimination, immigration, income inequality, poverty and unemployment. Also included is an appraisal of the effects of unions and of various government policies that impact the labor market such as the minimum wage, welfare programs, affirmative action and workforce development programs.

Credits: 4

Prerequisites/Restrictions: EC 101 or EC 103