Contemporary Labor Economics Information Center: Feature Summary


		Table of Contents About the Authors Preface Feature Summary What's New Supplements



	Student Edition
	Instructor Edition

Contemporary Labor Economics, 9/e

Campbell R. McConnell, University of Nebraska
Stanley L. Brue, Pacific Lutheran University
David A. Macpherson, Trinity University

Feature Summary

Emphasis on allocative efficiency: This emphasis makes students realize that society has an interest in how labor markets function. Chapter 7 brings together the literature on the principal-agent problem and the "new economics of personnel" in a single chapter. Distinguishing this text is Chapter 8, with its thorough treatment of wage differentials, and also Chapters 12 and 13, which contain a comprehensive analysis of the government's impact on labor markets.
Logical Organization: Stress is placed on logical organization of subject matter both from chapter-to-chapter (micro to macro, simple theory to real-world complications, analysis to policy) and within each chapter (liberal use of subheads, clear and direct writing style). The writing is clear, direct, and uncluttered to make the material accessible as possible to students.
Extensive Pedagogy: Chapter opening paragraphs state goals and tie material to prior or future chapters. Each chapter has summaries, key terms and concepts, open-ended and numerical problems, lists of basic references, "Quick Review" summaries, "Your Turn" questions, and two to three short "World of Work" mini-readings. There is also a comprehensive glossary at the end of the text. These pedagogical elements help students identify key points, focus their learning, and test their understanding.
Internet Exercises: Each chapter has one or two Internet exercises. These exercises provide an opportunity for students to increase their understanding of the material as well as obtain the most current data available.
Global Perspective Boxes: Integrated into almost every chapter, these boxes compare the features of the American labor market to other countries.
Use of Line Graphs: To make the main points regarding data more accessible, this edition uses line graphs rather than tables where appropriate.

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