"Labor Economics" (textbook)

Labor Economics is the study of how labor markets function and how various factors influence employment, wages, and working conditions. It examines the relationship between employers and employees, analyzing issues like job search, wage determination, and the impact of policies (such as minimum wage laws). This field also explores how education, skills, and technology affect labor supply and demand. Ultimately, Labor Economics helps us understand the dynamics of the workforce and informs decisions by businesses and policymakers to create a more efficient and equitable job market.