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Focuses on labour economics as an applied field of micro and macro theory. This title presents such traditional topics as labour law, structure of unions, and collective bargaining. It delivers advanced discussions of public policy issues and coverage of an economic crisis.

Contemporary Labor Economics, 7e 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 accorded 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 ...