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Economics of Human Resources

This field covers Labor Economics, Health Economics, and Human Resource Economics. Labor Economics is concerned with the determination of wages and hours of work in labor markets. Health Economics is concerned with the production and demand for health care and how the determinants of demand and supply affect the costs of various types of health care services. Human Resource Economics studies individual, family, and market investments in various forms of human capital such as education, on-the-job training, and health. The field uses the tools of microeconomics and econometrics to examine empirical issues in the following areas:

  • Derived demand analysis
  • Labor supply
  • Labor market structure including unions, minimum wage laws, and discrimination
  • Investment in human capital
  • Production and demand for health care and derived demand for medical care
  • Economic models of the family, including population theory, quantity-quality substitution in the economics of fertility, and interactions among family background, ability, health, education, and earnings
  • Supply and demand for physicians' services, hospital care, nurses and other personnel
  • Uncertainty, health insurance, and the financing of medical care
  • Inequality, economic opportunity, and socioeconomic mobility

Required Course Work

Two courses from the following list are required:
Economics 85600, Inequality, Economic Opportunity and Public Policy 
Economics 87100, Labor Economics I
Economics 87200, Labor Economics II
Economics 87400, Health Economics
Economics 87500, Human Resources

Faculty Members and Areas of Research Interest

Clive Belfield (Queens), Economics of Education, Labor Economics
Robert Cherry (Brooklyn), Labor Economics, Discrimination
Miles Corak (Graduate Center), Social Mobility, Inequality, Child Rights
Prabal De (City College), Health and Development Economics
Partha Deb (Hunter), Health Economics, Economics
Marianne C. Fahs (Hunter), Health Economics, Public Economics
Zadia Feliciano (Queens), Labor Economics, International Economics, Economic History
Randall K. Filer (Hunter), Labor Economics,Transition Economics
Lisa George (Hunter), Industrial Organization, Political Economy, Economics of the Media
Frank Heiland (Baruch), Health Economics
David Jaeger (Graduate Center), Labor Economics, Econometrics
Theodore J. Joyce (Baruch), Economics of Health and Health Care Policy, Econometrics
Sanders Korenman (Baruch), Public Policy, Public Finance, Health Economics
Kenneth J. McLaughlin (Hunter), Labor Economics, Applied Microeconomics
June E. O’Neill (Baruch), Labor Economics, Public Finance
Dahlia Remler (Baruch), Public Health, Health Economics 
Nuria Rodrigues-Planas (Queens), Labor Economics, Education Economics, Cultural Economics, European Labor Markets 
Jennifer Roff (Queens), Labor Economics, Economic Demography, Applied Microeconomics
Wim Vijverberg (Graduate Center), Labor Economics, Economic Development, Econometrics
Alexandru Voicu (College of Staten Island), Labor Economics
Simone Wegge (College of Staten Island), Economic History

Emeritus Professors:
Linda Edwards (Graduate Center), Human Resource Economics, Labor Economics 
Michael Grossman (Graduate Center), Labor Economics, Health Economics, Human Resource Economics
Cordelia Reimers (Hunter), Labor Economics, Human Resource Economics 

Last updated: May 2, 2019