ECON151

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ECON 151 - Labor Economics

Economics Undergraduate CLS - College of Letters and Science

Subject

ECON

Course Number

151

Department

Course Level

Undergraduate

Course Title

Labor Economics

Course Description

This course provides a general overview of labor markets primarily in the U.S., using the theoretical and empirical tools of modern economics. Topics include labor force participation, the allocation of time to market work, migration, labor demand and monopsony, investment in human capital like education and on-the-job training, race and gender and discrimination, labor unions, and unemployment. The course will also examine the impacts on work and well-being of government programs such as unemployment insurance, minimum wages, and a negative income tax like the modern earned income credit.

Minimum Units

4

Maximum Units

4

Grading Basis

Default Letter Grade; P/NP Option

Method of Assessment

Written Exam

Instructors

Staff

Breadth

International Studies

Prerequisites

100A or 101A, or consent of instructor.

Repeat Rules

Course is not repeatable for credit.

Credit Restriction Courses. Students will receive no credit for this course if following the course(s) have already been completed.

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Credit Restrictions.

Students will receive no credit for ECON 151 after completing ECON 152.

Credit Replacement Courses. Upon passing, students can use the following course(s) to replace a deficient grade for this course.

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Formats

Lecture

Term

Fall and Spring

Weeks

15 weeks

Weeks

15

Lecture Hours

3

Lecture Hours Min

3

Lecture Hours Max

3

Lecture Mode of Instruction

In Person

Outside Work Hours

9

Outside Work Hours Min

9

Outside Work Hours Max

9

Term

Summer

Weeks

8 weeks

Weeks

8

Lecture Hours

6

Lecture Hours Min

6

Lecture Hours Max

6

Lecture Mode of Instruction

In Person

Outside Work Hours

16.5

Outside Work Hours Min

16.5

Outside Work Hours Max

16.5

Term

Summer

Weeks

6 weeks

Weeks

6

Lecture Hours

7.5

Lecture Hours Min

7.5

Lecture Hours Max

7.5

Lecture Mode of Instruction

In Person

Outside Work Hours

22.5

Outside Work Hours Min

22.5

Outside Work Hours Max

22.5