HADM 4840: Labor in the Modern Service Economy: Markets, Crisis, and Public Policy

Fall. 3 credits. Letter grades only.

Prerequisite: Introductory Microeconomics (e.g. HADM 1410). Co-meets with HADM 6840. Enrollment limited to: sophomores, juniors and seniors.

Faculty teaching this course:

In this course students will learn how public policy and the state of the economy affect labor markets and firm performance. We will analyze issues of particular relevance to the hospitality sector and its associated labor markets. We will learn about the macro-economy by examining periods of economic crisis, including the global crisis of 2008 and the continuing crisis in the Eurozone. Topics include the causes and consequences of economic crises; the relationship between technological change and employment; structural transformation and the transition to a service-based economy; the changing nature of employment, including the rise of the so-called "gig economy"; and the impact of labor market policies and the Fight for $15.