Economics 152

Class Topics and Reading Assignments
 


Course Calendar:
Week of:
    January 18:         Introduction and Overview of the U.S. Labor Market
    January 25:         Labor Demand: Basic Theory
    February 1:         Labor Demand: Elasticities, Minimum Wage, Quasi-Fixed Factors
    February 8:         Labor Supply: The Static Case
    February 15:       Labor Supply: Dynamic Issues
    February 22:       Human Capital I: Economics of Education
    March 1:            Human Capital II: Training
    March 8:            Mid-Term Exam on March 11
    March 15:          Pay and Productivity
    March 22:          SPRING BREAK!!!
    March 29:          Discrimination by Race, Ethnicity and Gender
    April 5:              Discrimination by Race, Ethnicity and Gender: continued
    April 12:            Immigration and Mobility
    April 19:            Wage inequality, Technology and Trade
    April 26:            Unemployment
    May 3:              Wrap Up and Review
    May 19:             Final Exam 5-8PM (Location to be announced.)

CLASS TOPICS AND READING ASSIGNMENTS


January 19                     Introduction to Econ 152 and to Labor Economics
                                      Ehrenberg and Smith (E/S) Chapter 1.
 


January 21                     Overview of the United States Labor Market
                                      E/S Chapter 2.



January 26 & 28             Labor Demand
                                      E/S Chapter 3.



February 2 & 4               Labor Demand: Elasticities and the Minimum Wage
                                      E/S Chapter 4.

David Card and Alan Krueger, Myth and Measurement, Princeton University Press, Princeton, New Jersey, 1995, Chapter 1.



February 9                     Labor Demand: Quasi-Fixed Factors
                                      E/S Chapter 5.



February 11, 16 & 18     Labor Supply
                                     E/S Chapters 6 and 7.

 


Week of February 15
                                     Section: Problem Set #1 due
                                     Supply and Demand



February 23, 25, &        Human Capital: Economics of Education and Training
March 2                         E/S Chapter 9.

Orley Ashenfelter and Cecelia Rouse, "Schooling, Education, and Income in America: Cracks in the Bell Curve" Princeton University Industrial Relations Section Working Paper No. 407, November 1998.

Clair Brown, "Income Distribution in an Institutional World" in Garth Mangum and Peter Philips, editors, Three Worlds of Labor Economics, M.E. Sharpe, Inc., Armonk, New York, 1988



Week of March 1
                                     Section: Problem Set #2 due
                                     The Returns to Education



March 4 Catch up day!  No class!



March 9 Review for Mid-Term Exam



March 11 In Class Mid-Term Exam (Covers all material through March 9)



March 16 & 18              Pay and Productivity
                                     E/S Chapter 11.



Week of March 22
Spring Break (Enjoy!)



March 30 &                 Discrimination by Race, Ethnicity and Gender
April 1 & 6                  E/S Chapter 12

Darity and Mason, "Evidence on Discrimination in Consumer Markets," Journal of Economic Perspectives. 12(2) Spring 1998.

Holzer and Neumark, "What Does Affirmative Action Do?" NBER Working Paper 6605, June 1998.
 


April 8 & 13               Immigration and Mobility
                                  E/S Chapter 10.

David Card, John DiNardo, and Eugena Estes, "The More Things Change: Immigrants and the Children of Immigrants in the 1940, the 1970s, and the 1990s" NBER Working Paper 6519, April 1998.



Week of April 12
                                  Section: Problem Set #3 due
                                  Estimating Wage Differentials.
 


April 15, 20 & 22       Earnings Inequality, Technology, and Trade
                                 E/S Chapter 14.

Peter Gottschalk, "Inequality, Income Growth, and Mobility: The Basic Facts," Journal of Economic Perspectives. 11(2) Spring 1997.

Robert Feenstra, "Integration of Trade and Disintegration of Production in the Global Economy". Journal of Economic Perspectives. 12(4) Fall 1998.

Brown and Campbell, "Work and Technology". Industrial Relations  (forthcoming 1999).



April 27 & 29            Unemployment
                                 E/S Chapter 15, pp. 562-595.
 
Olivier Blanchard and Lawrence Katz, "What We Know and Do Not Know About the Natural Rate of Unemployment," Journal of Economic Perspectives 11(1) Winter 1997.

James Galbraith, "Time to Ditch the NAIRU," Journal of Economic Perspectives. 11(1) Winter 1997.



Week of May 3
  Section: Policy Paper due.



May 4  Catch up day! No class!



May 6  Review for Final



May 19  Final Exam 5-8PM (Covers all material.)
 


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Last Updated January 14, 1999 by Ben Campbell
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