The main text for this course will be Kaufman and Hotchkiss (2003). Other texts are supplemental.

1. INTRODUCTION

The labor market and the economy, unique features of the labor market, evolution of the theory of labor markets; predominance of labor markets and wage-employment; Universal Declaration of Human Rights and Fundamental ILO Conventions; Labor market Institutions; Globalization, the WTO and mobility of labor.

Main Reading: Kaufman and Hotchkiss (2003), Ch. 1

Supplemental Readings: Borjas (2000), Ch.1; Notes

2. LABOR SUPPLY

Labor force participation and measurement; labor supply: concept and measurement; the work-leisure decision model and household labor supply; elasticity of labor supply; backward-bending labor supply curve; policy applications

Main Reading: Kaufman and Hotchkiss (2003), Chs. 2,3

Supplemental Readings: ILO (1990), pp. 11-67; Standing (1982); McConnel and Brue (1989), pp. 14-76; Borjas (2000), Ch.2; Ehrenberg and Smith (1994), Chs. 6,7; Teshome Mulat, (1988), (1989); Notes

3. DEMAND FOR LABOUR

Derived demand; the short-run demand for labor; the demand for labor in the long run; elasticity of labor demand; elasticity of factor substitution; employment policy

Main Reading: Kaufman and Hotchkiss (2003), Chs. 4,5

Supplemental Readings: Borjas (2000), Ch. 4; Reynolds et al., (1991), Chs. 5,6; McConnel and Brue (1989), Ch. 5; Ehrenberg and Smith (1994), Ch. 3; Teshome Mulat (1980), (1988); Notes

4. WAGE DETERMINATION

Wage determination and resource allocation; basic concepts in wage determination; review of wage theories; critiques of conventional wage theories; the theory of minimum wages

Main Reading: Kaufman and Hotchkiss (2003), Ch. 6

Supplemental Readings: Reynolds et al., (1991), Chs. 7,8,9,20,21; McConnel and Brue (1989), Chs. 6,9,11,15; Ehrenberg and Smith (1994), Chs. 8,12,15; ILO (1981); ILO, (1984); Gerald Starr (ILO, 1981); Taylor and Pierson (eds) (1981) Chs. 1-8; Lupton (1985), Chs. 6,9,15-19; Teshome Mulat (1986); Notes

5. LABOR MARKETS

Concept; theory of labor markets; internal and external labor markets; segmentation theory; the workings of urban labor markets in developing economies

Main Reading: McConnel and Brue (1989), Chs. 14, 15, 16

Supplemental Readings: Reynolds et al., (1991), Chs. Chs. 1,2; Ehrenberg and Smith (1994), Chs. 1,2; Kaufman and Hotchkiss (2003), Ch. 1; Kannappan (1977); Corina (1972) Vincent and Robinson (1970); Teshome Mulat (1976), (1977), (1990)

6. HUMAN CAPITAL

Human capital theory; general and specific human capital; private and social return; job screening; review of manpower planning techniques

Main Reading: Kaufman and Hotchkiss, Ch. 7

Supplemental Readings: Bartelomen (ed.) (1976); Wilson (ed.) (1969), Part I; ILR, Vol. 106, No. 2-3; UNESCO, (various periods); Blaug (ed.) (1981,1982); Teklu (1976); Teshome Mulat (1988); Notes

7. LABOR MARKET POLICY

The role of government in the labor market; job security; labor market legislation; incomes policy; occupational licensing; property rights legislation; labor market information

Main Reading: Bellante and Jackson (1983), Ch. 15

Supplemental Readings: Notes

REFERENCES

P. Bairoch (1973), Urban Unemployment in Developing Countries, ILO

D.J Bartolmen (ed.) (1976), Manpower Planning, Penguin Books

Don Bellante and Mark Jackson (1983), Labor Economics: Choice in Labor Markets, Second Edition, McGraw-Hill

A.S. Bhalla (ed.) (1975), Technology and Employment in Industry, ILO

M. Blaug (1974), Education and the Employment Problem in Developing Countries, ILO

------(1980, 1981), Economics of Education, Volumes I and II, Penguin

George J. Borjas (2000), Labor Economics, Second Edition, McGraw-Hill

J. Corina (1972) Labor Market Economics, Heineman

Ronald G. Ehrenberg and Robert S. Smith (1994), Modern Labor Economics: Theory and Public Policy, Fifth Edition, Harper Collins

W. Galenson (ed.) (1971), Essays on Employment, ILO

ILO (1973) Employment in Africa: Some Critical Issues

ILO (1981), Wages: A workers’ Manual

ILO (Gerald Starr) (1981), Minimum Wage Fixing

JASPA/ILO (1983), Socialism from the Grass Roots: Accumulation, Employment and Equity in Ethiopia. A report prepared by an ILO employment advisory mission to Ethiopia.

ILO (1984), Payment by Results

Richard Jolly and C. Coclough (1972), “African Manpower Plans: an Evaluation”, International Labor Review, Vol. 106, Nos. 2-3

S. Kannapan (ed.) (1977), Studies of Urban Labor Market Behaviour in Developing Countries, ILO

Bruce E. Kaufman and Julie L. Hotchkiss (2003), The Economics of Labor Markets, Sixth Edition, Thomson South-Western.

Campbell R. McConnel and Stanly L. Brue (1989), Contemporary Labor Economics, McGraw-Hill

OECD (undated), Manpower Planning Approach, mimeo.

Lloyd G. Reynolds, Stanley H. Masters, and Colletta H. Moser (1991), Labor Economics and Labor Relations, Tenth Edition, Prentice-Hall

Guy Standing and Victor Tokman (1989), Toward Social Adjustment: Labor Market Issues in Structural Adjustment, ILO

G.W. Taylor and F.C. Pierson (eds.) (1981), New Concepts in Wage Determination

J Vincent and D. Robinson (1970), Research into Labor Market Behaviour, OECD

N.A.B. Wilson (ed.) (1969), Manpower Research, the English University Press

P.L. Yaetes (ed.) (1974) Employment Policies in Developing Countries, Allen Unwin