Bachelor
2018/2019
Labour Economics
Type:
Elective course (Economics)
Area of studies:
Economics
Delivered by:
Department of Economics
When:
3 year, 3 module
Mode of studies:
offline
Instructors:
Ekaterina Aleksandrova,
Maria Kuznetsova
Language:
English
ECTS credits:
3
Contact hours:
36
Course Syllabus
Abstract
This course is a 3 credit module. The course consists of lectures (20 hours) and tutorials (16 hours). The tutorials involve discussing key papers in labour economics and problem solving. Academic support for the course is provided via LMS, where students can find: guidelines and recommendations for doing the course; guidelines and recommendations for self-study; samples of assessment materials
Learning Objectives
- provides the tools for examining some of the most challenging and interesting problems in labour market economics and which illuminates the complexities faced by policy makers
Expected Learning Outcomes
- understanding of the model of labour supply
- understanding of problems connected to education
- understanding of the static theory of labour demand
- understanding of the problems of wage formation
- understanding of the evolution of wage inequalities
- understanding of the assessment of policies on employment
Course Contents
- IntroductionStructure of the course. Examples of applied labor economics problem. Resources. Grading policy. Labor market and employment structure of population.
- Labour SupplyThe model of labor-leisure choice. Income and substitution effect. The reservation wage. Labor supply elasticity.
- Labour DemandThe short-run and long-run demand for labor. Marshall’s rules of derived demand
- Education and Human CapitalGeneral notion of human capital. Human capital investment. The schooling model.
- Wage DiscriminationMeasuring inequality. Gini coefficient. Skill-biased technological change. Inequality across generations. Nepotism. Discrimination theories.
- Labour Market PoliciesMigration impact on local labor market. Migration policy. Labor migration and remittances.
Interim Assessment
- Interim assessment (3 module)0.3 * exam + 0.175 * exercise + 0.175 * main content + 0.175 * presentation + 0.175 * review article
Bibliography
Recommended Core Bibliography
- Cahuc, P., Zylberberg, A., & Carcillo, S. (2014). Labor Economics (Vol. Second Edition). Cambridge, MA: The MIT Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=826636
Recommended Additional Bibliography
- Saibal Kar, & Debabrata Datta. (2015). Industrial and Labor Economics. Springer. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsrep&AN=edsrep.b.spr.isbuec.978.81.322.2017.6