Labour Economics and Wage-Setting Theory
Course within the Masterprogramme in Economics.
The objective of the course is to give the students basic knowledge of modern labour economics and wage-setting theory. The course will teach both basic theory in the field and give an overview of basic empirical knowledge. The course should provide the students with analytical tools for analysing a number of contemporary labour market issues. These include issues of the following type: Why is unemployment so high in some European countries but much lower in others as well as in Anglo-Saxon countries? Why is working time shorter in Europe than in the US and how is employment affected by the length of working time? Why has wage inequality increased in most countries in recent years? What is the impact of technological progress and globalisation on labour markets? What contributions can labour market policies make? How is employment affected by different labour market institutions?
This is a 7.5 credit course.
Course material will be available through the learning platform Athena during the course.
Instruction will mainly be in the form of lectures. A few seminar exercises must also be completed. Thecourse will be taught in English.
Examination consists of two parts:
- required answers to seminar exercises
- a written exam
Examiner and Course director: Ann-Sofie Kolm.
Course literatureNote that the course literature can be changed up to two months before the start of the course.
- Cahuc, P. and Zylberberg, A. Labor Economics, MIT Press.