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Unit information: Labour Economics in 2020/21

Please note: you are viewing unit and programme information for a past academic year. Please see the current academic year for up to date information.

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

Description

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.

Intended learning outcomes

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 details

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

Assessment Details

  • Timed MCQ (15%)
  • Timed BB test (15%)
  • Coursework (60%)
  • Small group presentation (10%)

Reading and References

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

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