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CAIRO BOOKS's Description
"Contemporary Labor Economics, 8e" presents the "new" labor economics. In the
past, study of labor was highly descriptive, emphasizing historical
developments, facts, institutions, and legal considerations. Labor markets and
unemployment was given some attention, but the analysis was typically minimal.
This state of affairs has changed significantly in recent decades. Economists
have achieved important breakthroughs in studying labor markets and problems.
Labor economics is increasingly an applied field of micro and macro theory and
has become a critical part of the core of analytical economics. As a result,
the focus of the text is on the "new" labor economics. However, it also
presents traditional topics such as labor law, structure of unions, and
collective bargaining since these issues also play an important role in labor
markets.In the Eighth Edition, the authors deliver new and updated discussions
of public policy issues. Additionally, the text's integrated focus on global
aspects of U.S. labor markets has continued and been expanded with this edition.