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FIN 411 Labor Economics and Public Policy (3 Credits)

The introductory course in Labor Economics will help students think critically about public policy and research. It centers on empirical analysis and applied microeconomics. It covers topics such as taxes and transfers, labor supply and demand, human capital, unions and strikes, income distribution, minimum wages, unemployment, incentives, and discrimination.

Learning Outcomes:

  • Understand labor economics with an emphasis on applied microeconomic theory and empirical analysis.
  • Understand the concepts of labor supply and demand, taxes and transfers, minimum wages, immigration, human capital, education production, inequality, discrimination, unions and strikes, and unemployment.
  • Analyze the link between research and public policy.
  • Study wage disparities between white and non-white workers.