EC966: Labour Economics
Alexander Karalis Isaac
Module Leader
Introduction
EC966-15 Labour EconomicsPrincipal Aims
The aim of the module is to equip students with the analytical tools and the knowledge to study and understand the economics of unemployment, jobs and wages. The module relates recent developments in labour-economics research with policy-relevant issues.
Principal Learning Outcomes
Subject Knowledge and Understanding:...have developed skills in combining theoretical models and empirical results to address policy issues related to employment, unemployment and wages.
Subject Knowledge and Understanding:...be able to advise on labour market policies from a position of knowledge.
Subject Knowledge and Understanding:...be able to understand recent research works in empirical labour economics, to assess their relevance, contribution and reliability and to connect them with existing results and open policy questions.
Syllabus
The syllabus may cover, but is not limited to, recent developments in labour economics research including:
1. Labour supply,
2. Labour demand,
3. Human capital: Returns to schooling and quality of education,
4. Equilibrium of the competitive labour market, Hedonic theory of wages and CEO pay,
5. Unemployment, Job Search and Matching,
6. Discrimination,
7. Unemployment Insurance,
8. Active Labour Market Policies
In each case, discussion will include theory and empirical work.
Context
- Optional Module
- L1P6 - Year 1, L1I1 - Year 1, L1P7 - Year 1, LN1J - Year 1
- Pre or Co-requisites
- Basic knowledge of microeconomic principles, elementary mathematical methods such as constrained optimization, and simple statistical methods such as multivariate regression. Knowledge of panel data techniques and basic microeconometrics would be an advantage.
Assessment
- Assessment Method
- Coursework (100%)
- Coursework Details
- Essay 1 (20%) , Test (80%)
- Exam Timing
- N/A