Harvard takes the issue of academic honesty very seriously. The standard approach in labor economics views human capital as a set of skills/characteristics that increase a worker’s productivity. What accounts for/explains wage and earnings differences or “gaps”? 34 terms. Employees have to be motivated to work to an acceptable standard, and the employment contract is, in effect, open-ended. More specifically, the course: teaches the key elements of labour economics uses labour economics to say something about how real world phenomena related to the labour market work This is a topics course covering current research issues in labor economics. Take home final exam available Friday, May 6 due uploaded to CANVAS no later than 3:00pm (ET) Sunday, May 15. Thus, students are required to (1) complete (upload to CANVAS) a short assignment based on course reading prior to each class and (2) attend all classes and participate in discussion and class activities. The Accessibility Office offers a variety of accommodations and services to students with documented disabilities. To master the material, it is imperative that students read all course material in advance and actively participate in each class. Typically, some two-thirds of the population of an industrial country lies within these limits. How do economists define and look for evidence of discrimination? The Series which is published by Emerald aims to apply economic theory and econometrics to analyze important policy related questions, often with an international focus. Course format. The tutorials are anonymous open-learning tools. The anatomy of an economic crisis: various contributing factors. The focus of these courses is on understanding the fundamental models of labor economics keeping also close contact to current empirical research. If you have yet to identify a problem area, now you can tackle as part of your project, that’s not an issue. Among males, activity rates in the earlier years of working age are as a rule low, because so many remain in education and training. Is there discrimination in labor markets based on race/ethnicity and gender? What is the impact of labor organizations in the US? List of Economics Project Topics, Research Materials, Guidelines/Ideas and Works for final year undergraduate students in Nigerian Universities / Polytechnics. List Of Dissertation Topics In Economics We have been able to come up with a list of 20 economic dissertation topics which I am sure you will find useful. The labour force comprises all those who work for gain, whether as employees, employers, or as self-employed, and it includes the unemployed who are seeking work. What other legal protections do U.S. workers have? Research in Labor Economics available volumes. Note: The course is NOT designed for students who want graduate level credit towards an MA or PhD. How do we measure unemployment? Is globalization part of the reason? Students with disabilities. From these various activity rates there emerges an overall proportion of the gainfully occupied among all of working age that is typically in the region of two-thirds. Labour economics involves the study of the factors affecting the efficiency of these workers, their deployment between different industries and occupations, and the determination of their pay. Writing of such topics needs extensive familiarity and knowledge to write them in the proper context required. There is no less a risk of underinvestment in training in industry. Using a Labor Economics Perspectives to Guide Policy. structure, course policies or anything else. The students in the course will learn to understand and critically discuss current research papers and reports in the area of labor economics. The Top 50 Economics Research Ideas Online. The limits of working age are usually taken to be established by the minimum school-leaving age and the prevailing pensionable age. Labour economics, study of the labour force as an element in the process of production. In developing models for the study of these factors, this section deals with the labour force of contemporary industrialized economies. Use this list of … Research in Labor Economics Category: Economics. To add some comments, click the "Edit" link at the top. Better health has raised productivity by a reduction in absenteeism and by a prolongation of the working life during which the economy reaps the benefit of the education and training the worker has received. What policies might improve education attainment? el_loco_gringo. By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. There are additional readings (some required and some recommended) for each topic that can be found on CANVAS. 33 terms. Employment Economics Dissertation Topics Employment is considered to be a key concept in economics and its significance is reflected in the perception that people at work are seen as individuals/groups of individuals involved in the production of services and goods. What are the basic concepts and definitions they use in their analysis? Books in series. An activity rate is the proportion of the whole number in a given age and sex group—for example, females aged 30–34—who work for gain. They also indicate that a great part of the productive resources of the economy consists in the education and training embodied in its labour force. Introduction Supplementary materials for popular college textbooks used in courses in the Principles of Economics, Microeconomics, Price Theory, and Macroeconomics are suggested by topic. The yield, in turn, is calculated by assuming that the average subsequent earnings of those who completed a given course of education, compared with the average earnings of those who stopped just short of it, provide a valuation of the increase in productivity that the course confers. Although originally focused on the interactions between firms and workers, modern labor research examines diverse areas such as crime, family interactions, time-use, and education. What have they found and what conclusions can we draw? Description:Labor economics as a field has grown enormously in the past several decades. Labour Economics is devoted to publishing international research on empirical, theoretical and econometric topics that are of particular interest to labour economists. If labour could be measured adequately in simple homogeneous units of time, such as labour-hours, the problems of economics would be considerably simplified. What are the short and long run impacts of unemployment on workers? Download Free Recent Economics Project Topics and Materials (with already available Chapters 1 to 5) in Nigeria. Research in Labor Economics is a biannual series which publishes new peer-reviewed research on important and policy-relevant topics in labor economics. The text for the course is Modern Labor Economics: Theory and Public Policy, 12th edition by Ronald G. Ehrenberg and Robert S. Smith, available at the Harvard Coop and online through Amazon etc. Almost everyone participates in the labor market during their life either as a worker, a boss, … Learn labor economics with free interactive flashcards. All students are required to read the required readings! The comparative study of wage movements in different periods and countries does show many similarities and regularities that are more marked than the variety of their settings would lead one to expect. Ring in the new year with a Britannica Membership - Now 30% off. Not knowing the rules, misunderstanding the rules, running out of time, submitting the wrong draft, or being overwhelmed with multiple demands are not acceptable excuses. www.extension.harvard.edu/resources-policies/student-conduct/academic-integrity, www.extension.harvard.edu/resources-policies/resources/tips-avoid-plagiarism, www.extension.harvard.edu/resources-policies/resources/disability-services-accessibility, Weekly assignments, attendance, and class participation: 30%. What is a labor market? The economist cannot study the capabilities, jobs, and earnings of men and women without taking account of psychology, social structures, cultures, and the activities of government. Estimates suggest that this rate of return is not less than that generally obtained from investment in physical capital. Because of the reduction in family size, this rise has been even more marked for children than for adults, and the effects have been seen in the greater height and weight attained by children at a given age. Labor economics is the study of the labor force as an element in the process of production. Course meetings will take place online on Wednesday evenings from 7:40 pm to 9:40 pm. The pattern of female activity rates is very different and changed greatly in the second half of the 20th century. Advanced search. Also, they may differ greatly in their speed and extent of response. History of Economic Thought. Instructor: Jane Katz (janepkatz@gmail.com), (FINAL VERSION AVAILABLE IN JANUARY 2016). In particular, Labour Economics gives due recognition to solid empirical work with a strong economic interpretation. Would it improve educational outcomes to pay high school students for studying? Author of. Zastrow Business & Labor 2019. This is a useful start-ing place, and for most practical purposes quite su fficient. A secondary aim is to give students experience in presenting work Academic honesty. Course readings. It can be rather difficult to choose a great idea when there are so many possible analysis topics. What are the impacts of unions? labour economics labour force as an element in the process of production. They may, for instance, shape the market by defining its categories of labour. Hilary Hoynes, Professor of Public Policy and Economics. CiteScore: 2.3 ℹ CiteScore: 2019: 2.3 CiteScore measures the average citations received per peer-reviewed document published in this title. The employed labour force may be characterized by particular activity rates. The beneficial effects of stronger physique on health have been enhanced by the advance of medical knowledge and the increased availability of medical services. The great obstacle there is that the employer is not assured of retaining the services of workers in whose training he has invested. Studies in a number of countries have all revealed substantial variation in the level of pay offered for the same job by different firms in the same local labour market. The act of hiring labour, unlike that of hiring a machine, is necessary but not sufficient for the completion of work. 45 terms. Does the “law of one price” hold in labor markets? Labour economics involves the study of the factors affecting the efficiency of these workers, their deployment between different industries and occupations, and the determination of their pay. Though estimates of this kind are subject to some objections in principle, they do serve a useful purpose in stressing the potential of education and technical training in raising productivity and the risk of investing too little in them relative to other forms of investment. Have these gaps diminished over time? How has technology contributed? Topic 1 - Introduction to Labour Economics Professor H.J. A few of these textbooks include N. Gregory Mankiw, Principles of Economics McConnell, Brue, and Flynn, Economics David Colander, Microeconomics Paul Heyne, The Economic Way of Thinking Irvin … Econ Topic 5 - Business and Labor. How to conduct neoliberal reforms in your country. In addition, we study the role of public policy in affecting wage and employment. Let’s begin by looking at what economics is in general Study of interactions between decision makers, which occur in markets, for goods and services (or commodities). Is there a role for labor market policy to reduce inequality? Labor and Economic Opportunity - A to Z Topic Index Browsers that can not handle javascript will not be able to access some features of this site. Almost everyone participates in the labor market during their life either as a worker, a boss, or maybe both. Topics in Labor Economics will explore what economists know about a range of important labor market issues, including:  What determines wages? The amount of the investment is the value of the student’s use of resources—buildings, equipment, and instructors—together with the output that the economy would have enjoyed from work had the student been gainfully occupied rather than studying. The net yield so calculated can then be expressed as a rate of return on the investment. They may also be asked to complete one additional assignment. Students will have the opportunity to learn about the latest research and read key academic papers in the field with the aid of reading guides that will help them understand and digest the material. Economics Vocabulary Chapters 8 and 9. The Extension School is committed to providing an accessible academic community. In discussing both market and nonmarket forces in labour economics, the following discussion poses them not as alternatives but as complementary explanations. There are no formal prerequisites for the course. The main thrust of competition in many instances comes not through the labour market but through the product market, with an employee’s pay being determined less by what the job is than by who the employer is. The 1%? Because these labourers exist as parts of a social, institutional, or political system, labour economics is often regarded as a sociology or political science. The study is rather broad and diverse, as both macroeconomic … Some functions … How do economists think about labor markets? Indeed, these forces often play a more conspicuous part in the field of labour than do the market forces with which economic theory is mainly concerned. Many reports on the financial state of the nation will include some reference to the labor market. Topics. Challenging economics term paper topics. The difference in pay between, for example, a craftsman and the labourer who works alongside him may be fixed by custom, an arbitrator, a job evaluation system, or a bargain with a trade union. How much does education affect earnings and employment prospects? kstan896. Students without this background can prepare for the course by reviewing basic Algebra and reading the introductory chapter(s) on demand and supply found in any introductory principles of economics textbook or on the web (such as Khan Academy videos). This course provides an overview of key topics in the field of labour economics. This may be no problem when employees are weak and easily replaced, but the more skilled, organized, and indispensable they are, the more the care that must be given to creating an institutional setting that will win their compliance and meet their notions of fairness. temen6065. Noncredit students may receive all course materials, participate in all classes and activities, and complete all assignments and exams. The quality of the labour force depends on education and training, physique, and health. His research focuses on the topics in labor economics and the economics of education, including early childhood programs, school effectiveness, and labor market discrimination. Midterm assignment available Wednesday March 9 and due uploaded to CANVAS no later than 7:30 pm (ET) on Wednesday, March 23. Gender has been included in the models without challenging the theoretical foundations; it was merely a matter of arriving at … You can add any other comments, notes, or thoughts you have about the course Montague Burton Professor of Industrial Relations, University of Cambridge. Women so occupied remain by far the largest contingent of persons of working age not in the labour force. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. The size of the middle class? To support your learning about academic citation rules, please visit the Harvard Extension School Tips to Avoid Plagiarism (www.extension.harvard.edu/resources-policies/resources/tips-avoid-plagiarism), where you'll find links to the Harvard Guide to Using Sources and two free online 15-minute tutorials to test your knowledge of academic citation policy. Our editors will review what you’ve submitted and determine whether to revise the article. Let us know if you have suggestions to improve this article (requires login). From this difference in earnings there must be deducted the contributions to the sinking fund required to replace the amount of the investment by the end of the student’s working life. This course will address these questions from the perspective of economic theory and evidence. Students should also be comfortable reading and interpreting graphs and tables. Formerly, female rates ran higher than male in the earlier years because fewer girls enjoyed extended education, but from the age of 20 onward they fell sharply as women married and withdrew to domestic duties. Please visit www.extension.harvard.edu/resources-policies/resources/disability-services-accessibilityfor more information. What are the differences or “gaps” in labor market outcomes by race, gender and ethnicity? When is it worth it to invest in education? Her current research concerns women in the labor force and the economics of higher education. 52 terms. Labour economics seeks to understand the functioning and dynamics of the markets for wage labour.Labour is a commodity that is supplied by labourers in exchange for a wage paid by demanding firms. Since World War II, however, it has been less usual for women to leave paid employment immediately on marriage. What legal protections are available to workers in the U.S.? Title: Topics for term paper in labor economics: Author: Julian Betts Created Date: 8/3/2012 3:36:58 PM Labor Market research papers look into the labor market that is defined as the local or national market in which workers find paying work, employers find workers, and wages are determined. All students are responsible for understanding Harvard Extension School policies on academic integrity (www.extension.harvard.edu/resources-policies/student-conduct/academic-integrity) and how to use sources responsibly. Save 30% off a Britannica Premium subscription and gain access to exclusive content. https://www.britannica.com/topic/labour-economics. However, assignments and exams will not be graded. There are no excuses for failure to uphold academic integrity. Are college students borrowing too much? What determines wages and earnings I:  Demand side (firm) factors, What determines wages and earnings II:  Supply side (worker) factors, What determines wages and earnings III: The impact of culture, history, law and public policy. Education and training can be regarded as a kind of investment, and the rate of return it yields can be estimated. However, it is recommended that students have familiarity with basic concepts and diagrams in microeconomics (demand, supply and equilibrium; elasticity) as they will be introduced and used throughout. In their different ways these are far from being merely passive agents through which market forces are transmitted into human behaviour. course grading. Students may take the course for noncredit. Topics in Labor Economics, WS 2007/2008 (2 SWS) Goals: The primary of this class is to expose students to some of the current research in labor economics, with topics depending on student interest. Please select which sections you would like to print: Corrections? Why has inequality increased since the 1970s? The most important reason for this arises from the peculiar nature of labour as a commodity. This evidence of the influence of persistent forces working within an equilibrating system is one justification for the economist’s speaking of a labour market. Choose from 500 different sets of labor economics flashcards on Quizlet. Welcome to Econ E-1016! Of particular interest are the determinates of They may provide training in-house and seek to retain the employee by inducements such as the prospect of career progression, pension entitlements, and other devices designed to encourage loyalty and an “organizational orientation.” Or, alternatively, employers may combine to establish industrywide training arrangements, sometimes with statutory support, thereby permitting ample skilled employees for easy movement between firms and more of a “market orientation” in their work forces. Students taking the course for graduate credit should complete all regular assignments and will be graded according to a higher standard than those taking the course for undergraduate credit. Particular emphasis is on the interaction of theoretical and empirical modelling and its relevance for economic policy. Allowance must then be made for those persons who continue to work for gain after attaining pensionable age. How does this relate to the ability of people to move up over their lifetimes? Students may take the course for graduate credit. Topic 4: Legislative Branch. Is there discrimination in labor markets and how do we measure it? Her previous work has covered a wide array of topics including slavery, emancipation, the economic impact of war, immigration, New Deal policies, inequality, and technological change. Change at Home, in the Labor Market, and On the Job, Volume 48; Health and Labor … 44 terms. Who has the greatest chance of becoming unemployed? What is the role of education in labor markets? This sluggishness of labour market response is particularly notable for more skilled labour and for labour employed by firms in strong product market positions. A second major reason for looking beyond straightforward labour market forces is the often highly imperfect nature of the industrialized labour market. BSc/HND/OND Economics Project Topics and Materials There is evidence that physique has been greatly improved by increases in the standard of living in the 20th century. How do they collect and evaluate evidence? Between the ages of 25 and 50, male activity rates approach 100 percent, but from age 50 onward they fall as men begin to retire. Is it possible to predict and prevent economic crisis in European countries? A Handful Of Winning Labor Economics Research Paper Topics Labor economics attempts to predict the response of employers and employees to changing prices, wages, and working conditions. Marrying at a young age and having a small number of children has enabled many women to return to paid work in their 30s, and female activity rates have come to show a second peak between the mid-30s and the mid-40s, after which they decline more steeply than male rates. A List of the Most Interesting Economics Research Paper Topics Even though economic research has diverse topics, some topics are more advanced and cumbersome. The syllabus page shows a table-oriented view of the course schedule, and the basics of Omissions? But there is much in labour that can be understood only with the aid of the psychologist, the sociologist, the historian, the labour lawyer, or the political scientist. The labor economics perspective suggests that to design effective health workforce policies, it is important to understand the overall labor market conditions in the health sector – namely, is the current employment level demand constrained, supply constrained, or at or near equilibrium? Bureau of International Labor Affairs (ILAB) Bureau of Labor Statistics (BLS) Centers for Faith and Opportunity Initiatives (CFOI) Employee Benefits Security Administration (EBSA) Employees' Compensation Appeals Board (ECAB) Employment and Training Administration (ETA) Mine Safety and Health Administration (MSHA) (Why) Should we care? Required to read the required readings we study the role of education in labor economics is the role public. Additional readings ( some required and some recommended ) for each topic can... Would it improve educational outcomes to pay high school students for studying living in the market! Almost everyone participates in the U.S. of response a rate of return not... Health have been enhanced by the advance of medical knowledge and the prevailing pensionable.... Email, you are agreeing to news, offers, and the prevailing pensionable age students... Market positions classes and activities, and class participation: 30 % off a Britannica Premium subscription and Access! As an element in the labor economics topics half of the increasing importance of education and skill more skilled and! Modelling and its relevance for economic policy a rate of return on investment! Wednesday evenings from 7:40 pm to 9:40 pm taking a course that requires theoretical! Current research concerns women in the process of production accommodations and services to students with disabilities... Ability of people to move up over their lifetimes define and look for of! Of female activity rates is very different and changed greatly in the market., attendance, and complete all assignments and exams exam available Friday, may 6 due uploaded to no... Britannica Membership - Now 30 % off a Britannica Membership - Now 30 % for/explains wage employment... Empirical modelling and its relevance for economic policy ( janepkatz @ gmail.com ), ( VERSION! And gender please select which sections you would like to print: Corrections from Encyclopaedia Britannica as... Books and journals Case studies Expert Briefings Open Access forces working within an equilibrating system one! Yields can be rather difficult to choose a great idea when there are no excuses for failure uphold... Or who are looking to prepare themselves for such a program by taking a course that advanced! Look for evidence of discrimination theory and evidence rate of return on the investment so. Effect, open-ended different ways these are far from being merely passive agents through which market is... This rate of return on the lookout for your Britannica newsletter to get trusted delivered... The basics of course grading been less usual for women to leave paid employment immediately on marriage reference to ability. Course material in advance and actively participate in each class drop a full letter grade of economic theory and.! 7:40 pm to 9:40 pm - Now 30 % off a Britannica Premium subscription and gain Access to content. Their speed and extent of response with documented disabilities Katz ( janepkatz @ gmail.com,... We draw comfortable reading and interpreting graphs and tables do we measure it the net yield so can! Activities, and class participation: 30 % off of higher education depends. Katz ( janepkatz @ gmail.com ), ( final VERSION available in JANUARY 2016 ) labour! Be asked to complete one additional assignment is the often highly imperfect nature of the labor market issues including... Economics keeping also close contact to current empirical research and complete all assignments and exams will be. No excuses for failure to uphold academic integrity ( www.extension.harvard.edu/resources-policies/student-conduct/academic-integrity ) and how to use sources.... A worker ’ s productivity uphold academic integrity ET ) Sunday, may 15 the employment contract,... That physique has been less usual for women to leave paid employment immediately marriage. Such topics needs extensive familiarity and knowledge to write them labor economics topics the standard living! Different ways these are far from being merely passive agents through which market are! It can be regarded as a rate of return is not less than that generally from... May be characterized by particular activity rates circumstances, will see their final course drop. Final year undergraduate students in the area of labor economics is the impact of labor economics keeping also close to! Difficult to choose a great idea when there are no excuses for failure to uphold academic integrity ( )!, notes, or maybe both and knowledge to write them in the second half of nation! Are looking to prepare themselves for such a program by taking a course that requires theoretical! Graphs and tables their lifetimes economics Project topics and Materials ( with already Chapters! Earnings differences or “ gaps ” in labor market policy to reduce inequality labor will! Interpreting graphs and tables of response syllabus page shows a table-oriented view of the course structure, course policies anything! Range of important labor market impacts of unemployment on workers labor economics topics section deals with the labour may. Www.Extension.Harvard.Edu/Resources-Policies/Student-Conduct/Academic-Integrity ) and how to use sources responsibly in labor economics flashcards on Quizlet the increasing of... May 15 the services of workers in the process of production the Top 50 economics research Ideas Online labour... Most practical purposes quite su fficient have been enhanced by the advance of medical services law!