Takudzwa Mbudaya

begins with an overview of the trends and institutional features that characterize the labor market. Particular attention is placed on the causes and consequences of rising female labor force participation rates, the growth of the service sector, and other labor market issues.
After this introductory discussion, the focus of the course turns to a discussion of the theory of labor demand. In this section of the course, students examine the short-run and long-run determinants of labor demand. The determinants of the elasticity of labor demand, and the importance of demand. Students examine the tradeoff that occurs between the number of workers hired and the length of the work week.
The next section of the course provides a discussion of the determinants of labor supply. This discussion begins with an examination of labor supply in a simple model in which workers face a choice between labor and leisure. This is followed by a discussion of the household production model in which individu