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ECON 277 Labor Economics and Problems

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    Background Knowledge Expected

    Many Small Assignments

    Requires Lots of Research

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    • Profile picture
    May 26, 2016
    | Would highly recommend.

    Not too easy. Not too difficult.

    Course Overview:

    I think people misunderstand or wildly underestimate "Labor power." Labor is a service that is attached to its server and given that it is the most common resource in the world, the potential from understanding it is great. In class, we learned about different labor market trends, why they are as they are and what we can do to perform better as employees, hirees, employers, etc. Professor Gitter also has a vast knowledge of legislation and how it incentivizes certain behaviors in populations. In class, he will often talk about US laws and Acts that affect labor market behavior. For example, the harsh repercussions to PATCO strikers meant that the 1981 event was the last strike of its kind against the Federal Government.

    Course highlights:

    I think the most important, practical thing you learn from this class is to understand the labor market carefully. With a good idea of how labor markets work, you can ensure that you are being paid the best possible salary, with the best possible benefits (and the best combination of the two) with your labor market qualities such as skill, education, experience, etc.

    Hours per week:

    6-8 hours

    Advice for students:

    To be successful in this class, make sure you are interested in learning it! I have had plenty of friends - some of whom got As in other Econ classes - struggle in this class because they weren't fully interested in learning labor markets or legislations. If you take this class, whether or not you are interested, make sure to stay on top of the readings - when possible read outside of assigned books, papers. Professor Gitter has a good chunk of his grade dedicated to "Student Hands-on Analysis of Data" (SHAD) where you'll have to access government data. When he assigns homework on SHAD, make sure to get your own SHAD data. Most of my friends who didn't do as well as others relied on others. Since such homework usually involves analysis and having control over what you want to get data on, it prepares you for the rest of the class.

    • Spring 2016
    • Gitter
    • Background Knowledge Expected Many Small Assignments Requires Lots of Research

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