Using tools from microeconomic theory and statistics, this course studies the determinants of wages across labour markets. Topics include: the theory of compensating differentials, human capital, discrimination, immigration, unions, and alternative models of compensation. In addition, students are introduced to microeconomic models of unemployment. Throughout the course, there is an emphasis on the evaluation of empirical evidence. Note: hands-on analysis of real-world data using computer programs is a course requirement. The course is open to all students who meet the prerequisites and necessary support for applicable software is provided.
Using tools from microeconomic theory and statistics, this course studies the determinants of wages across labour markets. Topics include: the theory of compensating differentials, human capital, discrimination, immigration, unions, and alternative models of compensation. In addition, students are introduced to microeconomic models of unemployment. Throughout the course, there is an emphasis on the evaluation of empirical evidence. Note: hands-on analysis of real-world data using computer programs is a course requirement. The course is open to all students who meet the prerequisites and necessary support for applicable software is provided.
