Labor & Personnel Economics. firstname.lastname@example.org www.pabloagnese.com (23.32 00.43). FH Düsseldorf 2013-2014 Pablo Agnese. Outline. Unit 1: Introduction Unit 2: Definitions, facts, and trends Unit 3: The demand for labor Unit 4: The supply of labor
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McConnell, Brue, Macpherson
Lazear, E., Personnel Economics in practice
W. Block (Austrian School)
Weekly practices (20%)
Monitoring: email exchange and/or tutorials
1.1 Why labor economics?
1.2 Division of labor and comparative advantage
The labor market allows mutually beneficial exchanges between employers and employees
Sometimes this might prove difficult
Market failures and / or government failures :
Why labor economics?
Division of labor and comparative advantages
Positive and normative: role for government?
Market failures: role for government?
Efficiency and equality: role for government?