Lecture 1 - ILR ILR-LE 2400 2400 Professor C Kirabo Jackson...

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R E 2400 ILR-LE 2400 Professor C. Kirabo Jackson 111 Ives Hall East ues & Thurs 2:55pm- :10pm Tues & Thurs 2:55pm 4:10pm OH: TBD
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uestion Question • What job are you jy hoping to get after Cornell? – What if you won the lottery? – What if I-bankers made 1 million a year starting? hat if you got What if you got married? – Had kids?
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uestion Question • What sectors do you y think are going to be hiring the least when ou graduate? Why? you graduate? Why? – What if there is another stimulus bill? – What jobs do you think are safe? Why? hat jobs do you think – What jobs do you think are going to be the hardest to get?
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hat is Labor Economics? What is Labor Economics? • The study of the determinants of, the working of, nd the outcomes the market for labor and the outcomes the market for labor. hy do people work? • Why do people work? • Why do some similarly qualified people earn more than others? • Why do some professions pay more than others? • Why has the price of a haircut gone up over time, while the price of a razor has gone down? • Do minimum wages help the poor?
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Con’t • Why does LeBron James make so much oney? money?
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This note was uploaded on 01/09/2010 for the course ILRLE 2400 at Cornell.

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Lecture 1 - ILR ILR-LE 2400 2400 Professor C Kirabo Jackson...

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