Various multi-media instructional materials are available to supplement the text.

Includes bibliographical references and index.

Contents: The Study of labor economics: The Scope of labor economics -- The Method of labor economics -- The Plan of this book -- Appendix: Regression Analysis - The Demand for labor: The Production function -- The Marginal product of labor -- The Short-run demand for labor - The Demand for labor in the long-run -- Appendix: Technological change and labor demand -- Topics in labor demand -- Elasticities -- How elastic is the demand for labor? Extensions and embellishments of marginal productivity theory -- Appendix: A Test of the marginal productivity theory: A Cobb-Douglas exercise -- The Supply of labor: Labor force participation international labor force participation -- The Theory of labor force participation for an individual -- The Theory of labor force participation for groups -- Applications of the theory -- The Supply of labor: Hours of work -- The History of working hours -- Worker preferences and hours worked -- The Theory of hours of work for an individual -- Applications of the theory -- Variations on the wage line -- Welfare programs and labor supply -- Some extensions of the individual model -- Empirical evidence on labor supply elasticities -- Human capital analysis: Some background: Education and age-earnings profiles -- Calculating the returns to education -- The Evidence -- Bias in rate of return estimates -- General versus specific human capital -- Externalities, equity, and subsidies -- Human capital and mobility -- Labor market equilibrium: Equilibrium in a single labor market -- Equilibrium across different labor markets -- Empirical studies of wage differentials -- International trade and relative wages -- Information and job search: The Fixed sample search model The Sequential search model -- Matching models -- Equilibrium search models -- The Duration of unemployment and the Hazard Function -- Labor mobility -- Job search methods and results -- Monopsony and minimum wages: Wage and employment determination under conditions of monopsony Where does monopsony exist? Minimum wages -- Empirical evidence on the employment effect of minimum wages -- Other effects of the minimum wage -- Internal labor markets: The Characteristics of ILMs -- The Evolution of ILMs in the United States -- ILMs and firm efficiency - Implications of ILMs for labor analysis -- Personnel economics: Motivating worker effort -- Work-life incentive schemes -- Other wage policy models -- Unions and collective bargaining: A Profile of unionism in the United States -- Unionism in other countries -- Theories of union growth -- Union goals and objectives -- Union monopoly models -- Union bargaining power and strikes -- The Effects of unions -- Labor market discrimination: The Many faces of labor market discrimination -- Gender and racial differences in labor markets -- Theories of labor market discrimination -- Measuring the effect of discrimination on pay gaps -- What does the research show? -- Anti-discrimination policies -- The Effects of anti-discrimination policies -- Unemployment: Measures of Unemployment -- The Natural Rate of Unemployment -- Fluctuations around the natural rate -- A Model of the aggregate labor market -- Unemployment policy: The OECD jobs strategy --Wage inequality, income inequality and poverty: Wage inequality and labor market performance -- Measuring inequality -- Trends in wage inequality -- Causes of increased wage inequality -- From wage inequality to income inequality -- Poverty -- Policy Options.