10519 Labor Economics 1

Credits: 3 advanced credits in Economics

Prerequisites: 36 credits, including Price Theory I, Price Theory II, Econometrics. Students must also fulfill all English requirements and take bibliographic instruction in the Library.

Authors: Yoram Weiss, Nissim Ben-David, Avi Tillman

The course analyzes economic theories with a focus on the wide range of topics from the area of the labor market, giving examples from the labor market in Israel, the US, Canada and European countries. Special emphasis is on women in the labor market. In addition, the course deals with theoretical and empirical aspects, and with questions of policy.

Objectives: To expose students to economic models of activity in the labor market; to familiarize students with empirical data relating to the function of the labor market in Israel and elsewhere; to discuss policy and legislation that aim to deal with problems in the labor market.

Topics: Labor supply; Work in and outside of the house; Withdrawal from the labor market; Investment in human capital; Compensatory wage differentials; Demand for workers; The structure of the labor market; Trade unions and unemployment.

1Students may write a seminar paper in this course, although it is not required.

There is some overlap in the content of this and other courses. For details, see Overlapping Courses.