Labor Economics II OpenCourseWare: MIT's Free Advanced Grad-Level Class on Labor Economics
Find out what goes into determining wage and salary rates in today's labor market with this free OpenCourseWare in economics from the Massachusetts Institute of Technology. 'Labor Economics II' OpenCourseWare teaches students about models of employer behavior, including how firms observe and record productivity and how this information affects their choices. This course is a continuation from Labor Economics I, also available as MIT OpenCourseWare, but students are not required to have taken the previous class to understand or benefit from this one.
Labor Economics II: Course Specifics
| Degree Level | Free | Audio | Video | Downloads |
|---|---|---|---|---|
| Graduate | Yes | No | No | Yes |
| Lectures/Notes | Study Materials | Tests/Quizzes |
|---|---|---|
| Yes | Yes | No |
Labor Economics II: Course Description
Economists study and predict activity in the labor market by constructing mathematical models of worker and employer behavior. This OpenCourseWare from MIT in Cambridge helps students understand these models. Professors Michael Piore and Jorn-Steffen Pischke taught graduate students about formulas that can be used to determine outcomes of scenarios in the labor economy. Some formulas can measure the impact of technological change on productivity, while others can be used to calculate the perceived productivity of a workforce versus its actual output. The influence of imperfect information on the behavior of firms and workers is a recurring theme in the course and is examined in a lecture on agency theory. This class can be beneficial to students studying for a master's degree in economics, particularly those focusing on econometrics.
Lecture notes, recitation notes, a readings list and problem sets with solutions are available free online. To learn more about this class, visit the labor economics course page.
Featured School Choices:
-
Grand Canyon University
Grand Canyon University responds quickly to information requests through this site.
Suggested programs:
- Bachelor of Science in Economics
- B.S. in Finance and Economics
- MBA: Finance
- B.S. in Finance
- B.S. in Business Administration
More information about Grand Canyon University
-
Liberty University
Liberty University responds quickly to information requests through this site.
Suggested programs:
- MBA: Economics
- Doctor of Business Administration: International Business
- Master of Arts in Public Policy - Public Administration
- CERT: International Business
- GRAD CERT: General Business
More information about Liberty University
-
Purdue Global
Purdue Global responds quickly to information requests through this site.
Suggested programs:
- BS in Organizational Management - Global Business
- BS in Organizational Management - Global Marketing Management
- M.B.A. in Finance
- BS in Finance
- BS in Finance - General Finance
More information about Purdue Global
-
Colorado Christian University
Colorado Christian University responds quickly to information requests through this site.
Suggested programs:
- Economics, M.S.
- Economics, B.S.
- Business Administration, MBA - Economics
- Business Administration, MBA - Advanced Accounting
- Business Administration, MBA - Health Care Administration
-
Saint Leo University
Saint Leo University responds quickly to information requests through this site.
Suggested programs:
- BA: Business Administration - Management
- BA: Business Administration - Logistics
- BA: Business Administration - Marketing
- AA: Business Administration
- DBA: Business Administration
-
The Chicago School
The Chicago School responds quickly to information requests through this site.
Suggested programs:
- M.A. Behavioral Economics
- Certificate in Behavioral Economics