Lecture, one hour; laboratory, one hour. Requisites: courses 11, 101, 103. Enforced corequisite: course 150. Case-based analysis requiring students to apply theoretical tools from course 150 to real-world problems involving labor economics. Topics include labor supply decisions, household production decisions, life-cycle aspects of labor supply, short-run and long-run labor demand, monophony in labor market, quasi-fixed labor costs and labor demand, human capital, and other extended topics. Hands-on data collection and problem solving and presentation of student analyses both orally and in writing. P/NP or letter grading.
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