Acknowledgements This chapter adapted for OpenLearn is from ‘Microeconomics by Susan Himmelweit, Roberto Simonetti and Andrew Trigg, published by Thomson Learning in association with The Open University, 2001 and ‘Markets’ one of the three core books from the D319 course Understanding Economic Behaviour: Households, Firms and Markets. The content acknowledged below is Proprietary (see terms and conditions) and is used under licence. Grateful acknowledgement is made to the follow
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Introduction This unit will give you a stimulating and insightful account of the ways in which economists have tried to understand what labour market discrimination is and what its sources are. Notice the reference to the ‘ways [plural] … economists have tried to understand’. The most basic message of this unit is that economics is not a subject in which there is one single correct answer. This unit will also assist you in developing your ability to use and evaluate economic theory,
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