Strategic management of the firm's human resources; business strategies toward employees.  The individual's decision to participate in the labor force, occupational choice, investing in human capital.  Household decision making: balancing family, work, home production and leisure.  Migration and immigration.  Pay and productivity: setting wages within the firm.  Gender, race, and ethnicity in the labor market.  Public policy toward the workplace.  The role of trade unions.  Prerequisites: 57, 58, 101, and 102.

the Senior Seminar. 

Analysis of selected problems in economics. Required for graduation. Full course credit.  Prerequisite: Economics 101, 102, and either 107 or 167 must be completed in advance of participating in the Senior Seminar. 

Assistant Professor of Economics

Michael D. Steinberger

A first course on modern market economies. Emphasizes the determination of national income, fluctuations, and growth; the monetary system; the problems of inflation and unemployment; and international trade. Each semester.

Econ51: Principles of Macroeconomics 

 

Courses

Assessment of aggregate behavior of consumers, business, government, and the foreign sector, to understand unemployment, inflation, and the objectives of balanced growth in an open economy. The role of money according to Keynesians, Monetarists, Neoclassicists, and others. Lectures, discussion, and paper. Prerequisite: 51, 58 or permission of instructor and Math 30. Each semester.

Analysis of factors contributing to poverty and income inequality, primarily within the United States. Impact of government transfers and taxes, labor markets discrimination, and economic growth. Evaluation of policies to alleviate poverty, including welfare, workfare, education, and job training. Lecture, discussion, and paper.  Prerequisites: 51 and 52 or 102.

Contact Information

Phone: 909-621-8977

E-mail: michael.steinberger@pomona.edu