Labor Economics I

Bronze sculpture of laborers working.

"Monument to Labor" by sculptor Matthew Placzek, located in Omaha, Nebraska. (Image courtesy of Thom Watson.)


MIT Course Number


As Taught In

Fall 2010



Cite This Course

Course Features

Course Description

The aim of this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. We will cover 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. There will be particular emphasis on the interaction between theoretical and empirical modeling.

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Joshua Angrist, and Christopher Walters. 14.661 Labor Economics I, Fall 2010. (Massachusetts Institute of Technology: MIT OpenCourseWare), (Accessed). License: Creative Commons BY-NC-SA

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