WebSocioeconomics. Socioeconomics (also known as social economics) is the social science that studies how economic activity affects and is shaped by social processes. In general it analyzes how modern societies progress, stagnate, or regress because of their local or regional economy, or the global economy . Webside theories, which focus on structural constraints in the labour mar-ket such as discrimination (Glauber 2007). I follow this line of divi-sion in the overview below. Supply-side explanations The human capital theory explains women’s lower wages with gender differences in individual characteristics associated with productivity,
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