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ECON 3200 PBC

ECON 3200—Labor Economics

Three Semester Hours

JH 6/13

Prerequisites

University Requisite: ECON 1030 (Microeconomics)

Course Overview

Demand for labor, supply of labor, household production, compensating wage differentials, education and training, discrimination, unions, and unemployment.

Methods of Course Instruction

All material for this course is print-based. Instructor and students communicate and exchange materials through postal mail. 

E-Print Option

In this course, an option exists to use e-mail to submit your lesson assignments. Your assignment will be returned to you either as an e-mail attachment or as a hard copy sent through the postal mail, depending on the preferences of the instructor and/or program. 

Textbooks and Supplies

Ehrenberg, Ronald G. and Robert S. Smith. Modern Labor Economics: Theory and Public Policy . 11th ed. Pearson Education, Inc., 2012. [ISBN: 9780132540643]

Number of Lessons

The course has 12 lessons, including one midcourse examination and final examination. These lessons include:

  • Lesson 1: Introduction to Labor Economics 
  • Lesson 2: Labor Demand and Labor Demand Elasticities 
  • Lesson 3: Frictions in the Labor Market 
  • Lesson 4: Labor Supply: The Economy and the Decision to Work, Household Production, Family and the Life Cycle 
  • Lesson 5: Compensating Wage Differentials
  • Lesson 6: Midcourse Examination Information
  • Lesson 7: Investment in Human Capital and Worker Mobility 
  • Lesson 8: Pay and Productivity: Wage Determination within the Firm 
  • Lesson 9: Gender, Race, and Ethnicity in the Labor Market; Labor Unions 
  • Lesson 10: Unemployment and Earnings Inequality 
  • Lesson 11: Labor Markets and International Trade 
  • Lesson 12: Final Examination Information

Types of Writing Assignments

For the ten regular lessons, you will submit your answers to ten multiple-choice questions and four–five short-answer essay questions.

Grading Criteria

Lesson assignments are mandatory and will be calculated as part of the final course grade, which will be determined in the following manner: 

  • Lesson Assignments — 20% 
  • Midcourse Examination — 40% 
  • Final Examination — 40% 
  • Total —100% 
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