Lecture Microeconomics (20/e): Chapter 23 - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

This chapter describes the extent of legal and illegal immigration into the United States. We discuss why economists view economic immigration as personal human capital investment. We also attempt to explain how immigration affects average wages, resource allocation, domestic output, and group income shares. We relate how illegal immigration affects employment and discuss its impacts on state and local government budgets.