Labour market economics

Aims of the course

To develop understanding of the importance of the labour market institutions from the viewpoint of the mainstream and alternative theoretical approaches; relations between labour market in practice and its theoretical generalizations.
To develop ability of the case study and problem analysis and be able to prepare the practical and policy solutions.
To prepare analytical solutions for different ALM policy measures.

Course syllabus

1. The macroeconomics of labour market
1.1. Labour demand and labour supply
1.2. The neoclasical synthesis
1.3. The reappraisal of Keynes
1.4. Institutional approach to labour market analysis
2. Human capital theory: Labour as asset
3. Employment relations
4. The economics of labour market regulation
4.1. The interaction between law and economics: neoclassical vs new institutional perspectives on labour market regulation
4.2. State and market: efficiency vs equity?
4.3. The role of unions in regulation
5. Unemployment and labour market flexibility
5.1. Theories of unemployment
5.2. Flexibility and/or security
5.3. »Flexicurity« as the benchmark model?
5.4. The European Employment Strategy
6. Segmentation of labour market
6.1. Discrimation by age and sex
6.2. Youth unemployment
7. Migration

Course director(s)

No description

 
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