Journals Higher Education



Published: 03 December 2018

560 Pages

7-1/2 x 9-1/4 inches

ISBN: 9780190856991

Also Available As:


Bookseller Code (04)

Labor Economics

Principles in Practice

Second Edition

Kenneth McLaughlin

  • Focuses on the core principles of labor economics to give students a well-balanced theoretical and empirical introduction to the field.
  • Weaves data into the narrative rather than relegating evidence to references in footnotes, presenting patterns and interpreting evidence from the Current Population Survey (CPS) and other interesting data sets.
  • Incorporates unique practice-along-the-way questions and end-of-chapter problems for continuous self-study, review, and homework.
  • Anchors the tightly integrated package of student and instructor resources, all of which are written by the author.

New to this Edition:

  • Additional data is included throughout to further develop students' empirical skills
  • New models use simple numerical exercises and specific examples to encourage discussion and help students work out practice problems
  • A new, separate section on the minimum wage features updated and additional material (Section 2.2)
  • Content on taxes, subsidies, and employer mandates has been expanded into its own complete section (Section 2.3)
  • Chapter 10 includes a new full section on technology's long-term impact on the job economy (Section 10.4)
  • Chapter 12 now features an additional section on job vacancies and unemployment (Section 12.5)
  • New homework problems reflect additions to the text; all theory graphs have been revised; and all data graphs have been updated

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