Topic: Global Labor Markets
Director: Derek Jones, Professor of Economics
In a dynamic and globalizing world, labor markets are experiencing profound changes. The structure of employment is continuously affected by technical change in the new economy. Employers seek to adjust their preferred skill mixes. Employees must choose appropriate levels of education and seek firms that provide preferred types of training. We will study these and similar questions using New York City as a resource for learning about these issues. Course work will focus on labor economics and employment and labor relations, and will include several field trips and guest lecturers.
PRE-REQUISITE: ECON 102 OR ECON 100 IS REQUIRED.
COLLEGE 395 SEMINAR: LABOR ECONOMICS
Examination of selected theoretical and empirical questions concerning the labor market. The focus will be on New York City. Topics will include: what are labor markets?; who participates in the labor market and how intensively?; labor demand; human resource and compensation systems in different sectors; labor unions in the private and public sectors; regulated and unregulated work in New York City; unemployment; membership in labor unions; economic effects of unions. Prerequisite Econ 102 or 100. Economics concentrators and minors may receive one credit equivalent to Economics 370 toward their concentration or minor.
COLLEGE 398 HAMILTON IN NEW YORK: EMPLOYMENT AND LABOR RELATIONS IN THE GLOBAL CITY
An introduction to issues in the broad field of employment and labor relations. Definitions, methods and evolution of the field. The employment relationship and major institutions. Job security, working conditions, work-life balance, human management resource policies, including methods of compensations. Field trips to sites and cases to illustrate key historical events and contemporary issues.
COLLEGE 396 iNDEPENDENT STUDY
A tutorial resulting in a substantial paper (30 pages) that integrates experience and learning from the internship with an academic perspective and knowledge gained in the seminars or other tutorial readings.
COLLEGE 397 INTERNSHIP
Work experience during four days a week that includes a journal or written account of that experience.
Student Participants / Internship
|Aurora Cai, ’21||Ardea Partners|
|Alexander Choy, ’21||Direct Swap Inc.|
|James Cody, ’21||Empire Global Ventures|
|Craig Engert, ’21||Morgan Stanley (Millman Group)|
|Sam Foley, ’21||Maximalist Ventures|
|Xingyu He, ’21||PriCap Advisors|
|Brittany Kainen, ’21||Sentirian/Pacific Bridge Capital|
|Justin Madison, ’20||Hamilton Endowment Office|
|Michael O'Hare, ’21||Cypress Associates|
|Nana Odamtten, ’20||Manhattan District Attorney|
|Katherine Rijo, ’21||Upwardly Global|
|Valentin Scognamillo, ’21||Weinstein Carnegie Phil. Group|
|Mengwei Song, ’20||Pioneer Financial|
|Huzefah Umer, ’21||Financial Services Volunteer Corp|
|Walter Westhoff, ’21||Baron Capital|