Abstract
This paper applies an economic model of occupational supply to librarianship. Models are developed that explain the determination of the number of accredited M.L.S. graduates and their starting salaries. The models describe a cyclical market in which supply will tend to increase and decrease alternately. Graduates are shown to be function of starting salaries and of masters' graduates in all fields. Starting salaries are determined by library expenditures, past graduates, and professional women's salaries. The models are used to project graduates and their salaries through 1990, then extended to project additions to the supply of librarians from all sources. Several different sets of projections are developed based on different assumptions about the future. Generally, some increase in the number of accredited M.L.S.'s is expected during the 1980s, but additions to supply from all sources will increase only slightly if at all. However, supply will continue to exceed demand.
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