Department of Business Administration and Economics
ECON 3393: Labor Economics
MW 12:30 pm – 1:45 pm
Bywaters Building Room 211
Instructor: Dr. Kristen E. Broady
Office Location: Bywaters Building Room 207
Office Hours: T Th: 12:00 pm – 4:00 pm or by appointment on Friday
Phone Number: Office: (478)825-6270 Cell: (803)920-3072
Course Description: Students obtain knowledge of the organization, functioning, and outcomes of labor markets; the decision of prospective and present labor market participants and the public policies relating to the employment and payment of labor resources. Topics include wage theory and wage differentials, training policy, poverty, unemployment and under unemployment, discrimination, productivity, industrialization and union policies.
Outcomes: SLO 1: Demonstrate an understanding of basic labor economics theory, including labor market structures and wage determination.
SLO 2: Apply their understanding of theoretical models to analyze trends in data pertaining to topics in labor economics.
SLO 3: Apply their understanding of theoretical models to case studies presented in the course.
SLO 4: Construct, defend, and analyze important labor policy issues.
SLO 5: Comprehend, assess, and criticize existing empirical work in labor economics.
Prerequisites: ECON 2105, ECON 2106
Ebook: Hyclak (2012). Fundamentals of Labor Economics, ISBN: 9781285613246
Student Subscriptions: Although this is not a requirement for this course, you should regularly read one or more publications in economics and business (e.g., The New York Times; The Wall Street Journal; Business Week; Fortune, The Economist; etc.).
Grading and Exams: There will be one midterm and a final exam - essentially, an exam for each Part of the course. The midterm counts for 100 points; the final exam is 100 points; quizzes count for 30 points [4 quizzes;
References: (These may be helpful in connection with the “Exploration Beyond the Classroom” questions) Encyclopedia, Dictionaries: Encyclopedia of Economics; International Encyclopedia of the Social Sciences; The New Palgrave: A Dictionary of Economics Newspapers: The Christian Science Monitor; The New York Times; The Wall Street Journal Magazines, reports on International Economic Policy: Business Week; The Economist; Fortune *Disclaimers: The instructor reserve the right to adjust the above schedule, procedures and course requirements as needed.