ECON 458 Labor Economics
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The economics of the determination of earnings and the allocation of labor. The theory of labor supply and labor demand will be developed, and then applied to questions of income distribution, unions, government intervention in the labor market, and discrimination. If time allows, the relation between unemployment and inflation will be discussed.
Credit units: 3 ECTS Credit units: 5, Prerequisite:
(ECON 204 or ECON 207) and (ECON 222 or IE 451).
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