Economics of Outsourcing

Professor Mark Reiman's International Economic class did a study to observe the pros and cons of outsourcing U.S. jobs. They also found statistics such as "3.3 million jobs are expected to be outsourced to Inida and China over the next several years". In addition to their studies, they revealed that the majority of outsourcing books and additional information are mainly anti-outsourcing, thus making it increasingly difficult to find unbiast information. They state that it is important to note that "job loss is part of a normal economic cycle".