An analysis of labor theory and the labor force including an examination of occupational wage differentials, women in the labor force, investment in human capital, racial discrimination in employment, and the impact of labor unions.
Prerequisite(s): Grade of "C-" or better in ECON 054 Microeconomic Principles or permission of the instructor.
An examination of the microeconomic theories, problems, and policies of the U.S. economy. Topics include the theory of the firm, market structures, and current economic issues such as income distribution, antitrust policy, poverty, the farm problem, and international trade.
Prerequisite(s): ECON 053 Macroeconomic Principles strongly recommended.
(Normally offered each semester.)