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Custom Pub: An Introduction to the Canadian Labour Market

By Eric Moon, Helmar Drost, Rick Hird
Instructional Resources
Digital teaching aids may be available for this title. All instructor requests are reviewed by our team before the files are made accessible.
ISBN-10: 0176670025
ISBN-13: 9780176670023
Publisher: Top Hat

The fourth edition of An Introduction to the Canadian Labour Market introduces readers to the economic issues affecting the market for workers. The concepts are presented in non-technical language without relying on mathematical equations. This book will help the reader understand the aspects of the labour market that play a central role in the determination of employment and earnings in Canada.


  • Chapter Learning Objectives: Every chapter begins with a list of learning goals. These objectives provide a good study guide and help students to focus on the key lessons presented in the chapter.
  • Weblinks – Internet references are provided for some of the topics discussed in the text.
  • Discussion Questions – The questions at the end of the chapter have been divided in discussion questions and exercises.
  • Updated Charts and Graphs – New data and information have been included in each chapter.
  • Labour Market Issues Boxes: Economic theory is useful and interesting only if it can be applied to understanding actual events and policies. The boxes throughout the book contain interesting issues and applications of the theory.
  • Summaries: Each chapter ends with a brief summary that reminds students of the most important lessons that they have just learned. The chapter summaries provide a review for exams.
  • Exercises: At the end of each chapter are questions for review and discussion as well as for learning. Students can apply their newly acquired knowledge to these exercises. They can also use the exercises for examination preparation.
  • Opening Vignettes: Each chapter starts with a short discussion of a topic relevant to that chapter. Many vignettes cover current issues in the labour market.

Table of Contents

  • Part One: Introduction and Overview
  • Chapter 1: The Economist?s Study of Labour
  • Chapter 2: Overview of the Labour Market
  • Chapter 3: Institutional Aspects of the Labour Market
  • Part Two: Trends and Recent Developments in the Canadian Labour Market
  • Chapter 4: Trends in the Canadian Labour Market
  • Chapter 5: Employment
  • Chapter 6: Unemployment
  • Chapter 7: Trends in Labour Compensation
  • Part Three: Microeconomic Theory of the Labour Market
  • Chapter 8: Labour Market Decisions of Households
  • Appendix 8A: Indifference Curve Analysis of Labour Supply
  • Chapter 9: Labour Market Decision of Firms
  • Chapter 10: Wage Rate and Employment Determination
  • Appendix 10A: Wage Rate Changes and Unemployment
  • Chapter 11: Wage Rate Differentials
  • Chapter 12: Education, Training, and Earnings Differentials
  • Appendix
  • Glossary
  • Index

Author Information

Helmar Drost

Dr. Helmar Drost is Professor of Economics and Social and Political Thought at York University. He received a Master of Arts in economics from the University of Cologne in 1965 and a Ph. D. in economics from the University of Bochum in 1968. He joined the faculty at York University in 1969 after a year as a postdoctoral fellow at the University of Toronto. He has held appointments as Full Professor at the Technical University of Berlin, as Visiting Professor at the University of Toronto at Scarborough and the University of Konstanz, and as director of York's Graduate Program in Social and Political Thought. He has acted as consultant to the federal governments of Canada and Germany. Dr. Drost has taught introductory and advanced courses in microeconomic and macroeconomic theory, labour economics, the economics of education, and the business cycle and growth theory. His research has primarily been in the areas of labour economics and macroeconomics. His current research focuses on labour market outcomes in Canada, in particular unemployment and income of minority groups, and the links between the educational system and the labour market. He is the author of two books on social policy and growth theory as well as numerous articles in professional journals in Europe and North America.

Rick Hird

Mr. Hird is a Professor of Economics and Statistics in the Business School at Durham College in Oshawa, Ontario. He earned his Bachelor's and Master's degrees in economics at the University of Windsor, where he specialized in labour economics. Prior to joining Durham College in 1977, he was an economist with the Ontario Ministry of Labour, the Ontario Ministry of Community and Social Services, and the Canada Department of Manpower and Immigration. Mr. Hird has helped draft legislation in the area of employment standards, written research reports on the labour market, and evaluated government initiatives in the labour market. Mr. Hird has taught at Atkinson College, York University and currently teaches part-time for Trent University. He is the author of an introductory economics text (Working with Economics, Seventh Edition) and the co-author of introductory business statistics text (Understanding Business Statistics). He is an examiner and course author for the Certified General Accountants Association of Canada and an examiner for the Human Resources Professional Association of Ontario.

Eric Moon

Mr. Moon is an international economic policy analyst who has managed research projects for governments around the world. He has lectured extensively at universities and colleges in Canada, the United States, and Korea, in the areas of economics, business statistics, and operations management. He is a member of both the Canadian and American Economic Associations.