ECON 151 Labor Economics

ECON 151 Syllabus (Spring 2022)
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Handouts

Instructor's Note: I may add articles to this page over the course of the semester. I will notify users that content has changed and will also mention the update in class.

• Week 1: Demand & Elasticity
  • Hayek's 'The Use of Knowledge in Society'
  • The Fallacy of "Intrinsic Value" (FEE)
    
    
• Week 5: Wage Determination & Controls
  • Minimum wages were first designed to keep women and minorities out of jobs (L.A. Times) 
  • Characteristics of minimum wage workers (BLS 2020)
  • Who pays? (The Economist)

• Week 9: Human Capital and Signaling
  • Human Capital and Signaling (MR University - YouTube)
  • Econ Duel: Is Education Signaling or Skill Building? (MR University - YouTube)
  • Human Capital (Gary Becker - EconLib)

 

• Week 11: Unemployment and Search Theory
  • ​Wartime Prosperity? A Reassessment of the U.S. Economy in the 1940s (The Independent Institute)
  • The Great Recession (Marginal Revolution)
  • California's unemployment rate shrinks - but so do the number of jobs (LA Times)
  • How to spot a recession (The Economist)
    
    
• Week 13: Market Barriers
  • ​Why Do So Many Need the Government's Permission to Work? (Institute for Justice - YouTube);
  • License to Work Report (2017)
  • A Family-Friendly Policy That’s Friendliest to Male Professors (NYT)
    
    
• Week 14: Mobility and Immigration
  • ​Border follies (The Economist)
  • No, Immigrants Won’t Make Welfare State Bigger (Cato)
  • Want a global economic boom? Open the borders (Washington Post)
  • 3 Reasons Why Immigrants Are Key To Economic Growth (Forbes)​

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