| Unit name | Labour Economics |
|---|---|
| Unit code | EFIMM0041 |
| Credit points | 15 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Patrick Arni |
| Open unit status | Not open |
| Pre-requisites |
Successful completion of first-term MSc units |
| Co-requisites |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
This unit will cover core topics in labour economics. Topics will include labour supply and demand, human capital, job search and unemployment, labor migration and further relevant issues. Particular emphasis is on the interaction of theoretical and empirical modelling and its relevance for economic policy. A major goal is to provide students with the necessary tools that help to analyse the labour market consequences of government interventions, such as minimum wages, social benefits, labour market policies, taxes etc. Recent results of the empirical literature will also be discussed and critically assessed. This course aims at enabling the students to build up evidence-based knowledge and tools to analyse economic issues relevant to labour markets in current economies.
This unit provides a thorough and in-depth treatment of the core topics in labour economics. Basic concepts in labour economics are introduced with particular emphasis on the interaction of theoretical and empirical modelling. The students will be equipped with the knowledge to critically assess empirical findings on the impacts of labour market activities, institutions and policy interventions.
The students in the course will learn to understand and critically discuss current research papers and reports in the area of labour economics. They will be able to start independent research projects and evaluation analyses at basic levels.
This unit provides a thorough and in-depth treatment of the core topics in labour economics. Basic concepts in labour economics are introduced with particular emphasis on the interaction of theoretical and empirical modelling. At the end of the unit, successful students will be able to:
(1) critically assess empirical findings on the impacts of labour market activities, institutions and policy interventions.
(2) understand and critically discuss current research papers and reports in the area of labour economics.
(3) demonstrate knowledge on how to design an economic evaluation analysis of labour policy intervention.
Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities
The course content will mainly rely on articles. Some additional reading includes:
P. Cahuc, S. Carcillo & A. Zylberberg (2014), Labor Economics, (Second Ed.), MIT
Press
G. Borjas (2015), Labor Economics, (Seventh Ed.), McGraw-Hill
T. Boeri & J. van Ours (2013), The Economics of Imperfect Labor Markets,
(Second Ed.), Princeton University Press
