2013-2015 Undergraduate Catalog

ECO 303 Labor Economics: Theory and Policy

Analyzes the theoretical determination of labor supply and demand, wage rates and the levels of employment with applications to competitive, monopsonistic and unionized markets. Includes discussions of how job characteristics, educational attainment and discrimination combine with legislation and governmental policies to determine the distribution of income to specific segments of the population. Prerequisite: ECN102 or ECN113.