HADM 4840

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

Course Description

Course information provided by the 2017-2018 Catalog.

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.

Prerequisites/Corequisites Prerequisite: Introductory Microeconomics (e.g. HADM 1410).

Permission Note Enrollment limited to: sophomores, juniors and seniors.

When Offered Fall.

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