Labour EconomicsIn the six years since the appearance of the first edition of Stephen Smith's book, labour economics has become a more firmly entrenched subject on the curriculum. Previously regarded as a subsection within industrial economics, there are now very few universities that do not devote a course to it in its own right. The focus of topics covered within it has also altered - the notion of human capital has now become much more central and microeconomic considerations are now as widely studied as macroeconomic phenomena. |