Labor Economics
Penn State University
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What is Labor Economics?

Economics is the study of decision making under scarcity. Labor economics is the focus of how firms make decisions on the amount of resources (namely labor) to utilize. On the supply side, labor economics focuses on the decision of workers to determine the quantity and quality of labor they provide to the labor market. Labor Economics takes a holistic view of the labor force, but is grounded in microeconomic theory.

My Favorite Quotes

The Wealth of Nations

It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect our dinner, but from their regard to their own interest.

Marginal Revolution University

Economics is everywhere, and understanding economics can help you make better decisions and lead a happier life.



An incentive is a bullet, a key: an often tiny object with astonishing power to change a situation.

Meet The Team


Dr. Jadrian Wooten

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I'll be your instructor this semester. Feel free to visit me with any questions you have about the course or your grade in the course. 

Tanmay Belavadi

Tanmay is a PhD student in the Economics Department and serves as my course assistant. You will visit his office hours to review your exams.

Guided Study Group Leader
Katie Klinko

Katie is an economics major and will graduate in Spring 2020. She will review practice problems from the course pack with you throughout the semester at her GSG sessions listed in Canvas.

Course Material

We Wanted Workers
We Wanted Workers
New Geography of Jobs by Moretti
315 Course pack
Available at the bookstore
Packback Subscription
Blue book
Available at the bookstore
Economical Writing
Economical Writing
Microsoft Office
iClicker Remote
Non-programmable Calculator
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