Construction workers

Labor Economics

Penn State University

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 number of resources (namely labor) to use. 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. 

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Han Xu

Han is a 2nd year PhD student in the economics department. He will be responsible for handling your grades through Canvas.


Tableau Teaching Assistant
Marisa Cameron

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Marisa is double majoring in economics and public relations. She will graduate in Spring 2021. She is available each week to help you troubleshoot issues you're having with Tableau. Her hours are listed in Canvas.

Course Material