Fall 2013  |  APEC 5511 Section 001: Labor Economics (31602)

Class Component:
3 Credits
Grading Basis:
Student Option
Instructor Consent:
No Special Consent Required
Instruction Mode:
In Person Term Based
Class Attributes:
Delivery Medium
Times and Locations:
Regular Academic Session
09/03/2013 - 12/11/2013
Tue, Thu 01:30PM - 02:45PM
UMTC, St Paul
Magrath Library 8
Course Catalog Description:
Theoretical foundations of labor markets. Intertemporal/household labor supply. Demand for labor, efficiency wages. Human capital theory, unemployment, migration decisions. Analysis of econometric research applied to labor policy issues such as minimum wage, tax policy, social insurance, education.
Class Description:
This course examines the economics of labor markets, including theories of labor supply and labor demand, determination of wages, human capital theory, and unemployment. Both theoretical models and empirical applications will be discussed. The course will consider policy applications, including tax and welfare policy, minimum wage laws, and discrimination. Readings will be approximately evenly divided between textbook and journal articles. The target audience for this course is graduate students in applied economics, public policy, economics, and other fields. Required background: intermediate microeconomics, undergraduate econometrics, calculus.
20% Midterm Exam
25% Final Exam
10% Class Participation
20% Problem Solving Other Grading Information: 25% Research Paper
Exam Format:
Essay, short answer, graphical/mathematical analysis.
Class Format:
60% Lecture
40% Discussion
80 Pages Reading Per Week
20 Pages Writing Per Term
2 Exam(s)
Other Workload: 5 Homework Assignments/Applied Exercises
Instructor Supplied Information Last Updated:
9 April 2008

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