- 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
- 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
- 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 (3 module)0.3 * exam + 0.175 * exercise + 0.175 * main content + 0.175 * presentation + 0.175 * review article
- 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
- 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