Labour Economics

Unemployment is again at the top of the political and economic agenda. As Europe searches for a common policy to reverse this trend, an understanding of labour economics becomes increasingly important. "Labour Economics" presents a comprehensive study of labour market issues. It examines the major areas through a combination of theory, economic statistics, summaries of important empirical studies and discussions of policies. The author looks at aspects of labour supply and demand; unions and labour markets. In addition, the book has a clear sub-text of explaining unemployment which culminates in the last chapter. Each chapter can be read as a self-standing summary of a particular subject or cumulatively in its overall labour economics context. The book's limited use of algebra and careful development of essential core theories makes only modest demands on the technical expertise of the reader. Each chapter includes a glossary of useful terms, a boxed summary of its contents and questions for revision. "Labour Economics" should provide a guide for students of labour economics.