In this second edition, the notion of human capital has now become much more central and microeconomic considerations are now more widely studied than macroeconomic phenomena.
In the six years since the appearance of the first edition of Stephen Smith's book, labour economics has become a more firmly entrenched subject on the curriculum. Previously regarded as a subsection within industrial economics, there are now very few universities that do not devote a course to it in its own right. The focus of topics covered within it has also altered - the notion of human capital has now become much more central and microeconomic considerations are now as widely studied as macroeconomic phenomena.The second edition will address these changes and give greater centrality to microeconomics to reflect current course teaching. With superb features such as case studies, end of chapter questions and further reading sections, this new edition will prove popular with all students of labour economics.
Table of Contents
Introduction 1 (5)
Labour supply 6 (34)
Labour demand and productivity 40 (31)
Wage determination and inequality 71 (28)
Personnel economics 99 (20)
Human capital 119(46)
Labour market discrimination 165(37)
Trade unions and labour markets 202(42)
Labour market flexibility 244(41)
Job search and vacancy analysis 285(40)
Trade, globalisation and labour markets 379(27)