Labor Economics I OpenCourseWare: A Free Online Grad-Level Course by MIT on Labor Economics

Published Mar 11, 2009

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The Massachusetts Institute of Technology (MIT) offers its 'Labor Economics I' course as free OpenCourseWare. The original graduate-level course examined the labor market from a neoclassical perspective. The course was designed as an elective in the Doctor of Philosophy in Economics program at MIT.

Labor Economics I: Course Specifics

Degree Level Free Audio Video Downloads
Graduate Yes No No Yes

Lectures/Notes Study Materials Tests/Quizzes
Yes Yes No

Labor Economics I: Course Description

The original 'Labor Economics I' course from MIT served as an introduction for graduate students to the fundamental concepts of the labor economy along with ways of modeling the behavior of the labor market. Professors Joshua Angrist and Jorn-Steffen Pischke, in lecture and recitation sessions, analyzed the elements that make up the modern labor market, starting with neoclassical models of labor supply and demand. They discussed how these models are calculated and what sources of data are used to inform them. From there they move to the subject of human capital and the choices workers make in receiving education. Finally, students learned about wage determination and methods of modeling employee turnover. Students obtaining their Doctor of Philosophy in Economics program at MIT have the option to take this course.

This includes recitation notes, review problems with solutions, problem set exercises, course project instructions, a list of readings and links to related course materials. To find out more about this Economics class, visit the economics of labor course page.

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