Jobs, Wages, and the Economy
MET IS 367
This course introduces fundamental concepts of micro and macro economics within the context of the labor market. In micro economics, we focus on the supply and demand for labor, looking at trends in labor force participation, college attendance, and wage differentials. In macro economics, we focus on the ability of the economy to create enough jobs to maintain full employment. We will also cover current topics related to the functioning of the labor market, including a discussion of income distribution and poverty, and the employment impact of international trade and outsourcing.