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(More customer reviews)I used this book for a Labor Economics class in college. While at first Labor Economics seemed kind of boring to me, after reading this text and taking the class, I became really excited about Labor Economics. Not only does the book present itself very well with depth to the concepts and graphs and data to help solidfy the points being made by the author, it is also written by David Macpherson. David Macpherson is a professor of economics at FSU and he heads the yearly debate between the Post Office and the unions. So, it comes to no suprise when the book gets into unions that it shines. I would highly recommend this textbook to anyone. After reading the first four or five chapters in this book, the reader can procede to any chapter that they want to, that is how well the book is laid out. Again, if you want a good labor economics book then this is it, you could purchase the 7th ed. but I think the data is just updated a bit. Save yourself about 60 bucks and get this edition instead.
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"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 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.
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