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Labour economics seeks to understand the functioning of the market and dynamics for labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demanders of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income.

It is an important subject because unemployment is a problem that affects the public most directly and severely. Full employment (or reduced unemployment) is a goal of many modern governments.

Two ways of analysing labour markets


There are two sides to labour economics. Labour economics can generally be seen as the application of microeconomic or macroeconomic techniques to the labour market. Microeconomic techniques study the role of individuals in the labour market. Macroeconomic techniques look at the interrelations between the labour market, the goods market, the money market, and the foreign trade market. It looks at how these interactions influence macro variables such as employment levels, participation rates, aggregate income and Gross Domestic Product.

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Efficiency, Division of Labor, and Trade. Yep, Economics.
TiffanyIskandar (Tiffany Iskandar) Sat, 07 Nov 2009 03:02:40 -0000
Efficiency, Division of Labor, and Trade. Yep, Economics.
system OVERload ahhh!! assignment in labor economics==> freakin migrane!! baah TGIF my ass.. no fun when uve got work to do!!
SaraAbuZaki (Sara Abu-Zaki) Fri, 06 Nov 2009 20:35:19 -0000
system OVERload ahhh!! assignment in labor economics==> freakin migrane!! baah TGIF my ass.. no fun when uve got work to do!!
Today: 10 notebook pages front and back filled with handwritten labor economics mumbo-gumbo. hand hurts badly
SaraKReed (Sara Reed) Thu, 05 Nov 2009 21:11:33 -0000
Today: 10 notebook pages front and back filled with handwritten labor economics mumbo-gumbo. hand hurts badly
Read Labor Economics by Walter Block!
deadmanoncampus (Shanu Athiparambath) Thu, 05 Nov 2009 07:49:07 -0000
Read Labor Economics by Walter Block!
Reagans trickle down economics never worked beat the unions down, back to slave labor, jobs with no benefits, had enough of republicans yet?
ShalOmike (Mike B) Thu, 05 Nov 2009 02:36:09 -0000
Reagans trickle down economics never worked beat the unions down, back to slave labor, jobs with no benefits, had enough of republicans yet?
Decision Economics' Sinai Discusses U.S. Labor Market: Video http://bit.ly/3Pzuah
nowstreamin (Extempers.NET Stream) Wed, 04 Nov 2009 23:37:18 -0000
Decision Economics' Sinai Discusses U.S. Labor Market: Video http://bit.ly/3Pzuah

 
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Entropy and Inequality - A comparison of different measures of income wealth inequality, with a focus on entropy measures. Shows changes in the global disparity of income using these measures.
Meta Description: [ Measuring wealth inequality with redundancies (Theil, Kullback-Leibler) and distributions (D&R, Gini, Hoover, Coulter, MacRae) ]

European Association of Labour Economists - Newsletter, and membership and conference information.
Meta Description: [ EALE ]

How the United States Government Measures Unemployment - Bureau of Labor Statistics report explains methodology, definitions, and seasonal fluctuations.

500 Industrial Relations Research Association (IRRA) - Publications, news, meetings, links, and membership information for practitioners and researches in industrial relations and human resources.

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International Labour Organization - The UN specialized agency which seeks the promotion of social justice and internationally recognized human and labour rights.
Meta Description: [ ILO: International Labour Organization - The International Labour Organization is the UN specialized agency which seeks the promotion of social justice and internationally recognized human and labour rights ]

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Labor Institutes and Research Centers in the World - A directory maintained by Christian Zimmermann.
Meta Description: [ Central index of economics institutions (academic, governmental and non-profit) in Labor and Demographic Economics. ]

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Labour Economics Gateway - Links to research centers, economists, journals, documents, and data sources.

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Meta Description: [ Teaching and learning aids on the labour market model ]

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The Principles of Scientific Management - Fredrick Winslow Taylor's influential 1911 text on work organization.

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United States Bureau of Labor Statistics -
Meta Description: [ The Bureau of Labor Statistics is the principal fact-finding agency for the Federal Government in the broad field of labor economics and statistics. ]

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Meta Description: [ This page in WebEc contains links to and descriptions of WWW resources related to Labor and Demographics ]

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Workindex - An extensive directory of workplace-related Web sites.

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