ECON 322 - Labor Economics

Institution:

Ramapo College of New Jersey

Subject:

Description:

After reviewing classical economists' and philosophers' attitudes toward labor, we will move to modern corporate-dominated concepts and practices, noting alternative ways to view human and social capital. Wage theory including supply and demand, history and roles of unions, patterns of contingent and immigrant workers, issues of work-life balance and "job vs. career" will be covered. Areas of individual income, labor market participation, poverty, discrimination and inequality of income are next. Public policies helping create the context for employers and workers to interact will be reviewed and critiqued: minimum wage, unemployment insurance, anti-discrimination laws, low wage work supports, health and safety regulations, and training resources. Methods of instruction: speakers from employers, unions and governments; case study on employer staffing strategies; public policy debate on outsourcing and off-shoring of work; analysis of data on worker vs. CEO and male vs. female compensation. 0.000 TO 4.000 Credit Hours 0.000 TO 4.000 Lecture hours Levels: Undergraduate Schedule Types: Lecture Anisfield School of Business College Economics Department

Credits:

0.00 - 4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.ramapo.edu

Phone Number:

(201) 684-7500 ext 7500

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Semester

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