An introduction to human capital theory and economics of education, the basic theory of wage differentials, including theories of labor market discrimination, and income distribution.
Course Description: This course will provide students with a broad economic framework for understanding inequalities in the labor market. Topics typically include human capital theory, discrimination, intergenerational mobility and unemployment. Students will learn basic facts about these topics, and then delve more deeply into current research and policy questions. The course aims to equip students with tools that will enable them to critically evaluate current social problems from an economic perspective.
Prerequisite(s): Economics course 100 or Agricultural and Resource Economics 100A and 100B