14.661 | Fall 2024 | Graduate

Labor Economics I

Course Description

This course provides a systematic development of the theory of labor supply, labor demand, and human capital. Topics include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. Particular emphasis is placed on the interaction …
This course provides a systematic development of the theory of labor supply, labor demand, and human capital. Topics include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and institutions in the labor market. Particular emphasis is placed on the interaction between theoretical and empirical modeling.
Learning Resource Types
Lecture Notes
Exam Materials
Problem Sets
Written Assignments
A construction worker, wearing a hard hat, walks along a steel I-beam on the upper part of the frame of an unfinished building.
The construction sector employed almost 5 percent of the the United States workforce as of 2023. (Photo courtesy of Bill Jacobus on Flickr. License: CC BY.)