Labor Economics
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Labor Economics

        

Labor Economics

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In economics, the term "labor" refers to workers. As a factor of production, labor earns wages for the services that it renders. As such, students of labor economics have traditionally set out to understand wage formation, the level of employment, and all elements that go into the making of a wage relationship. Over the years, the social and economic contexts in which labor markets operate have become increasingly complex; nowadays, labor economics is no longer limited to the study of wages. ... More
Material Type: Online Course
Technical Format: HTML/Text
Date Added to MERLOT: January 27, 2012
Date Modified in MERLOT: January 27, 2012
Author:
Send email to archivist@saylor.org
Submitter: Sean Connor
Keywords: Natural Rate of Unemployment, Immigration, Human Capital, Unions, Unemployment, Compensating Wage Differentials, Labor Mobility, Economics, Labor Market Equilibrium, Market, Discrimination, Elasticity, Labor, Job Turnover

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  • Reviewed by members of Editorial board for inclusion in MERLOT.
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Primary Audience: College Upper Division
Mobile Compatibility: Not specified at this time
Language: English
Material Version: 0
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: no
Creative Commons: Creative Commons License
This work is licensed under a Attribution 3.0 United States

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