This course introduces key empirical findings from the U.S. labor markets and provides basic analytical frameworks for understanding how labor markets function and the effects of public policies. It covers topics on labor participation, employment, wage differentials and inequality, schooling and on-the-job training, discrimination, labor contracts and unions, labor mobility and immigration, artificial intelligence and the future of work. Throughout the course, economic intuition permeates graphical and mathematical models (high school algebra and geometry suffice, calculus is a plus). Econometric methods are discussed when estimating causal effects and evaluating policy outcomes. Registered students are required to complete assignments and exams, participate in public policy debates, and submit a group term paper.

Objectives

Upon completing this course and assignments, students shall be able to

1) Explain essential concepts, measurements, data sets, institutions, and public policies in labor markets;

2) Examine standard theories and models, and identify causes and effects of labor market phenomena;

3) Develop analytical frameworks and econometric methods in empirical analysis of labor economics;

4) Participate in research-based labor market policy debates and jointly write up an academic paper.

It is important for students to provide feedback in time throughout the course to ensure positive learning and teaching experience. If students have trouble keeping up with the class material or the workload, please feel free to contact the instructor. It is the instructor's responsibility to support students to make progress and succeed in the course. Students are encouraged to 1) raise questions and participate in the lecture; 2) provide feedback and suggestions regarding teaching and course organization; 3) solve the problem sets and conduct research together; 4) improve the learning and teaching outcomes.

Special accommodations will be given to students with disabilities. Please register in advance with the Office of Disability Services (ODS) in 105 Hewitt for test or classroom accommodations.