Economic analysis of labor markets. Theory and policy applications of labor supply and labor demand; explanations of wage and income differentials; migration and immigration; discrimination; labor unions; unemployment.

We study Game Theory and its applications in Economics with more depth and rigor than in Intermediate Microeconomics. Topics include expected utility, strategic-form and extensive form games with perfect information, Bayesian games, infinitely repeated games, dominance, Nash equilibrium and its refinements. We apply these tools to study strategic situations in industrial organization, auctions, bargaining, voting, signaling, and parlor games.