Labor Economics (7th Edition)

Labor Economics by George J. Borjas returns in its Seventh Edition, continuing the outstanding legacy of one of the most trusted and widely used labor economics textbooks in the world. Published by McGraw-Hill Education, this latest edition builds upon the solid foundation of previous editions while incorporating updated content, new examples, and refined explanations that make it the most comprehensive and current version of this classic text. It focuses on the consistency and quality that has made Borjas a global standard for labor economics students and professionals.

The book thoroughly covers the complete spectrum of labor economics theory and practice. It explores the conceptual framework underpinning labor markets, including the application of specific economic tools. Key topics include labor supply and demand analysis; the measurement and determinants of human capital; the structure of wages and earnings inequality; the role of labor unions and collective bargaining; unemployment and labor market transitions; the economics of immigration; and the analysis of complex public policy issues affecting the labor market, such as minimum wage laws, anti-discrimination policy, and social insurance programs.

The Seventh Edition features extensively updated case studies and global data, with expanded coverage of contemporary issues such as the impact of technological change, the globalization of labor markets, ethical considerations in employment policy, and technology’s increasing role in labor market operations in a dynamic global economy.

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