Construction workers
Labor Economics
Penn State University World Campus
NEW STUDENTS

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

ADAM SMITH
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.

TYLER COWEN
Marginal Revolution University

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

STEVEN LEVITT

Freakonomics

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

Meet The Team

INSTRUCTOR

Dr. Jadrian Wooten

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

 

In Canvas, you'll find a General Questions discussion board for course content questions. 

GRADING ASSISTANT
TBD

Your course grading assistant will be a PhD student in the Economics Department. Their role in the course will be to serve as my course assistant.

They will not hold office hours, nor are the available for individual help.

Course Material

Modern Labor Economics
Microeconomics Study card
Economical Writing
Economical Writing
Microsoft Office
Non-programmable Calculator
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