Labor Economics is the BEST Field of Economics

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  • Опубликовано: 29 сен 2024

Комментарии • 57

  • @Dreabz617
    @Dreabz617 3 года назад +32

    Just got my masters in econometrics and quantitative economics and Labor Econ was by far my favorite class 💕

  • @bohdanleniuk
    @bohdanleniuk Год назад +1

    You should have seen the smile on my face when I saw Scott Cunningham at 5:26!! Go Dawgs!!

  • @C3yl0
    @C3yl0 3 года назад

    Currently taking macroeconomics and I am so hook up with this class that I’m adding it as a second major. 👽♥️♥️♥️

  • @niravshedge4744
    @niravshedge4744 3 года назад +3

    Looking forward to a video on MMT

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +2

      I want to do one, and I've started researching, but I want to make sure it's good. I don't want to misrepresent anything.

    • @juandipong1266
      @juandipong1266 3 года назад

      @@MarketPowerYT Warren Mosler, a pioneer in MMT, has all of his books/publications for free on his website. If you're going to do this video I recommend you look in all his work.

  • @youraliensister9642
    @youraliensister9642 3 года назад

    I so wish you had made videos when I was in high school

  • @chasestewart8419
    @chasestewart8419 Год назад

    Can you make one of these videos for urban economics?

  • @mijerezimba8110
    @mijerezimba8110 Год назад

    am waiting for a video on agricultural economics

  • @josevalenzuelaalvarez3093
    @josevalenzuelaalvarez3093 3 года назад

    Nice video, Craig! What do you think about labor economists devoted to macro issues? That is, those who study labor markets from a perspective of business cycles and/or search and matching in the labor market? Do the same characteristics that you attributed to labor economists apply to this subset that I'm speaking of?

    • @MarketPowerYT
      @MarketPowerYT  3 года назад

      Great question! One of my macro professors was a labor economist. Many government organizations want macro/labor economists, and you could probably even find some interest from online labor markets like Fiverr or Indeed.

  • @harisasif6781
    @harisasif6781 3 года назад +15

    I'm an economics student and next semester I'll take labour economics. Please keep making these videos they're extremely insightful.

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +3

      Good luck with the class! I loved my labor classes.

  • @vedantgupta9092
    @vedantgupta9092 3 года назад +9

    Hello sir can you make a video on econometrics and the scope of that degree

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +3

      I'll have to do my econometrics video sooner rather than later. In my advice for classes I talk a little about econometrics: ruclips.net/video/donLTX-OQRg/видео.html

  • @neuideas
    @neuideas 2 года назад +2

    I took a course in labor econ, when I was going to college. It was quite enlightening. Money and banking, labor econ, and game theory are the big ones for me. On a more basic level, understanding praxeology underpins it all. If you don't have a sound base, the rest falls apart.

  • @lucasfernandes3107
    @lucasfernandes3107 3 года назад +2

    Your channel is GREAT! Please keep up with it!

  • @John-ev3rm
    @John-ev3rm Год назад

    I promise you graduate students in economics don't care about which elective courses produce the greatest value to them personally but are more concerned with finding the path of least resistance to graduation.

  • @cassqb3
    @cassqb3 2 года назад +2

    really looking forward to finishing off my degree this fall--labor economics is my number one concentration in economics right now here in Tennessee

  • @tristanprathap2852
    @tristanprathap2852 Месяц назад

    Wonderful editing work.

  • @ksjb85
    @ksjb85 3 года назад +1

    Perfect timing, I'm taking Labor Economics over the summer! Also interested in Public Finance, Money and Banking, and Natural Resources Economics 🙌

  • @gonzamartos4132
    @gonzamartos4132 3 года назад +2

    I have a business major and I am seriously thinking on doing a masters in economics, partly thanks to your inspiration! Keep it up!

    • @MarketPowerYT
      @MarketPowerYT  3 года назад

      That's very kind of you to let me know!

  • @vinhphan4455
    @vinhphan4455 3 года назад +2

    I've been looking for books on Labor Economics that are not textbooks! Thank you so much!

  • @AlexFlanderzzz
    @AlexFlanderzzz 2 года назад

    I've ended up commenting alongside you guys, bc of a massive rabbit-hole of debates re the ideal pathway for social progression- and complimenting economic strategy.
    I'd like open the following proposal to everyone regardless of agreeable opinion.
    I'm from the UK, and my mother had a scholarship to study health economics at the star of the 80s at HBS. Therefore, my business upbringing has always been influenced by hyper-aggressive methods that reflect that era.
    In the US currently, there seems to be an overwhelming amount of societal activity, and private business owners have taken the brunt of the outrage and destruction that is probably best reserved for biased/corrupted services like local police.
    Do you think there should be such aggression replicated by these employers, who will eventually be the backbone of American economic recovery?

  • @unknowninfinium4353
    @unknowninfinium4353 2 года назад

    Need more suggestions of books on labor economics. Very little suggestions on labour economic books on the net.

  • @saharpournaghi5627
    @saharpournaghi5627 3 года назад

    Could you please talk about health economics or applied microeconomics?

  • @surajgurung9055
    @surajgurung9055 3 года назад

    Can you talk about agriculture & resource economics or applied economics?

  • @JG-ii5nt
    @JG-ii5nt 3 года назад

    Lol behavioural economics states that we are not rational beings

  • @lamarnash2439
    @lamarnash2439 3 года назад

    thanks for making this. makes the econ world less scary

  • @santiagodm3483
    @santiagodm3483 3 года назад

    Good video, I´d never heared about this field of economics. There´s no much material about it in Spanish; therefore, I´ll take advantage of it to produce the greatest value. Good video, could you please talk about R and Python for economics, I don´t know which choose to begin with :(.

    • @MarketPowerYT
      @MarketPowerYT  3 года назад

      I'd go with Python because the skills are more general. In fact, R will let you use Python in it.

  • @tahaoz2122
    @tahaoz2122 3 года назад

    What about Public Economics? I've been seriously considering going for it.

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +1

      Labor and Public are like that couple at school that is overly affectionate. They are distinct fields, but you always see them together. Most economists who specialize in Labor will also say they specialize in Public.

  • @a-k6467
    @a-k6467 3 года назад

    what an ingenious video editing

  • @Antowan
    @Antowan 3 года назад

    I actually agree about labor economics. It has always been my top interest but no one agrees with my love for it

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +1

      I was surrounded by labor economists as an undergraduate, so I feel it's in my blood.

  • @sugandhaverma4505
    @sugandhaverma4505 3 года назад

    Thank you so much sir for this vedio. Now I am clear about subjects like health economics and gender economics 🙏

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +1

      Ah, I totally forgot to include gender economics! That was born out of labor economics.

    • @sugandhaverma4505
      @sugandhaverma4505 3 года назад

      @@MarketPowerYT thank you so much sir❤

  • @tamalikabanerjee5179
    @tamalikabanerjee5179 3 года назад

    Sir, I want to study economics and want to go abroad for studying. But I have no idea where to start to reading economics as a beginner? Can you tell me this!! Please

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +1

      I have a playlist with reading recommendations: ruclips.net/p/PLB5yp_Rd2wwm3zSkC6eW-mrTjJJaTDySn

    • @chaineeconomie4534
      @chaineeconomie4534 3 года назад

      @@manuelvalenzuela6641 not the most entertaining books

    • @chaineeconomie4534
      @chaineeconomie4534 3 года назад

      @@manuelvalenzuela6641 well yes, but they are not the books I would recommend for a beginner, they are very interesting when you have all the context of the author's period and some knowledge in modern economy because large portions of those books are not really relevant today

  • @harshitrawat5111
    @harshitrawat5111 3 года назад

    if you can explain why finance is the best field of economics?

    • @MarketPowerYT
      @MarketPowerYT  3 года назад

      You're playing with fire! Many would say finance is NOT a field of economics...(even though it is)

    • @harshitrawat5111
      @harshitrawat5111 3 года назад

      @@MarketPowerYT i know it is many central bank governors are phd in finance and still are designated as economist

  • @pawe1532
    @pawe1532 3 года назад +1

    You should make a video on "Why marxian economics is the best field of economics."

  • @mathiasfondo5494
    @mathiasfondo5494 3 года назад

    Yes, definitely labour economics is the best field. Currently i'm working in a paper where we try to estimate the causal effect of collective bargaining in the fall of wage inequality here in Uruguay. Keep going with this videos, you really inspire us!

  • @johnjustine3878
    @johnjustine3878 3 года назад

    Craig I watch all Ur videos can I get an online internship 🥺

    • @jakkeddaw
      @jakkeddaw 3 года назад +1

      The real question is *should* you get an online internship. ruclips.net/video/MhsS7vZ_bCc/видео.html

    • @johnjustine3878
      @johnjustine3878 3 года назад +1

      @@jakkeddaw my university requires it in the summer break

    • @jakkeddaw
      @jakkeddaw 3 года назад +1

      @@johnjustine3878 That's a bummer. Hopefully you can find a professor to do research with. That's what helped me a lot in the long run to find a job.

    • @MarketPowerYT
      @MarketPowerYT  3 года назад +1

      Thanks for the support! Unfortunately, I don't have any internship opportunities.