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Contemporary Labor Economics Hardcover – 13 Mar 2002

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From the Publisher

New chapter (16) focuses on job search within as well as outside the firm. The core of this new material was previously found in the chapter on discussion of internal labor markets (16) and treatment of job search among the unemployed (19).
New pedagogical feature called Global Perspective. Boxes integrated into almost every chapter compare the features of the American labor market to other countries.
The authors also updated and added to the World of Work boxes. Of these, 14 are new and 11 are updated.
The former chapter on Information Sources in Labor Economics (21) is now an Appendix.
New text Web Site will include updated data, interactive quizzes, instructor's manual content, a student discussion board, and links to relevant web sites to enhance the textbook.
The authors emphasize allocative efficiency. This emphasis makes students realize that society has an interest in how labor markets function. Chapter 7 brings together the literature on the principal-agent problem and the "new economics of personnel" in a single chapter. Chapter 8, the wage structure, with its thorough treatment of wage differentials and the chapters on government's impact on labor markets (12 and 13) also distinguish this text.
Stress is placed on logical organization of subject matter both from chapter-to-chapter (micro to macro, simple theory to real-world complications, analysis to policy) and within each chapter (liberal use of subheads, clear and direct writing style).
Extensive pedagogy: chapter opening paragraphs state goals and tie material to prior or future chapters. Each chapter has summaries, key terms and concepts, open end and numerical problems, lists of basic references, "Quick Review" summaries and "Your Turn" questions, two-three short "World of Work mini-readings, comprehensive glossary at the end of the text. --This text refers to an out of print or unavailable edition of this title.

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Most Helpful Customer Reviews on (beta) (May include reviews from Early Reviewer Rewards Program) 4.7 out of 5 stars 3 reviews
2 of 2 people found the following review helpful
5.0 out of 5 stars Great Labor Book 1 Feb. 2006
By William Byrd - Published on
Format: Hardcover
I used this book for a Labor Economics class in college. While at first Labor Economics seemed kind of boring to me, after reading this text and taking the class, I became really excited about Labor Economics. Not only does the book present itself very well with depth to the concepts and graphs and data to help solidfy the points being made by the author, it is also written by David Macpherson. David Macpherson is a professor of economics at FSU and he heads the yearly debate between the Post Office and the unions. So, it comes to no suprise when the book gets into unions that it shines. I would highly recommend this textbook to anyone. After reading the first four or five chapters in this book, the reader can procede to any chapter that they want to, that is how well the book is laid out. Again, if you want a good labor economics book then this is it, you could purchase the 7th ed. but I think the data is just updated a bit. Save yourself about 60 bucks and get this edition instead.
2 of 2 people found the following review helpful
4.0 out of 5 stars This is a good book for labor econ students 26 May 2000
By Eric Aros - Published on
Format: Hardcover
This book was written well and the ideas expressed in this book happen to be easily understood from a student's point of view. The graphs and charts in the book really help to explain the concept, so that most people can understand what the authors are attempting to explain. The chapter summaries are done well b/c they go over the major points and attempt to wrap it all up.
5.0 out of 5 stars LABOR ECONOMICS BOOK 28 Feb. 2011
By BETSYM - Published on
Format: Paperback
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