Labor Economics, 2e covers the essential aspects of modern labor economics from an international perspective, providing students with a comprehensive survey of economic theory and empirical evidence on purely competitive labor markets. In addition, the authors examine the impact of imperfect competition, incomplete information and uncertainty, and institutional factors--stemming from laws, unions, and human resource policies--on wages and employment opportunities.Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.