Labour Economics
Learning Outcomes
Upon successful completion of the course the student will be able to:
- Understand the process of wage formation through the interaction of supply and demand forces in the labor market.
- Analyze the impact of factors that are shaped into imperfect labor markets as well as various government policies on wages and incentives to work.
- Understand the implications of the various political and economic factors in wage setting and employment
- Separate the analysis between issues related to the economic analysis of the labor market and those concerning existing labor relations.
- Recognize the value of the interdisciplinary approach as economic science is essentially a field that uses key analytical tools from mathematics, philosophy, psychology, history, and political science.
- Develop critical thinking skills in assessing competitive ideas and approaches using various methods of addressing relevant issues.
- Develop complex writing and presentation skills for a research work on various topics of interest within the classroom.
Course Contents
- Introduction and Overview of the Labor Market
- Labor Demand and Elasticities
- Frictions in the Labor Market
- Labor Supply
- Compensating Wage Differentials
- Human Capital
- Labor Mobility
- Pay and Productivity
- Labor Market Discrimination
- Trade Unions and Labor Market
- Unemployment
- Earnings Inequality and Income
- International Trade and Labor Market
Teaching Activities
Lectures (3 hours per week) and Tutorials (1 hour per week)
Teaching Organization
|
Activity |
Semester workload |
| Lectures (3 hours per week x 13 weeks) |
39 hours |
| Tutorials (2 hours per week x 13 weeks) |
26 hours |
| Individual work |
85 hours |
| Total number of hours for the Course (25 hours of work-load per ECTS credit) |
150 hours (total student work-load) |
Assessment
The assessment is based on student’s performance in the written final examination (80%) and on a mid-term examination during the semester (20%). Written examinations deal with issues of understanding basic concepts, comparative evaluation of competitive theories, and solving numerical problems related to the content of the course. The test is of a multiple-choice format, and students are asked to choose the correct answer (40 questions) from a list of 5 alternative answers (per question). The evaluation criteria are described in the Course Syllabus, which is posted on the platform e-class upatras.
Use of ICT
Use of Information and Communication Technologies (ICTs) (e.g. power point) in teaching. The lectures for each chapter are uploaded on the e-class platform in the form of ppt files, which the enrolled students can freely download.
Teaching Hours: 5
ECTS Credits: 6
Teaching Credits: 3
Weight: 1.5
Type:
Language: Ελληνική
Teaching Method: Πρόσωπο με πρόσωπο
General Competences: Αναζήτηση, ανάλυση και σύνθεση δεδομένων και πληροφοριών, με τη χρήση και των απαραίτητων τεχνολογιών, Προσαρμογή σε νέες καταστάσεις, Λήψη αποφάσεων, Αυτόνομη εργασία, Ομαδική εργασία, Εργασία σε διεθνές περιβάλλον, Σεβασμός στη διαφορετικότητα και στην πολυπολιτισμικότητα, Επίδειξη κοινωνικής, επαγγελματικής και ηθικής υπευθυνότητας και ευαισθησίας σε θέματα φύλου, Άσκηση κριτικής και αυτοκριτικής, Προαγωγή της ελεύθερης, δημιουργικής και επαγωγικής σκέψης
Γνωστικό Αντικείμενο: Applied Microeconomics
Οργανική Μονάδα / Εργαστήριο:
E-mail: ngias@upatras.gr
Τηλέφωνο: +30 2610 962599
Ώρες γραφείου: Tuesday 12:00-14:00 Friday 13:00-14:00
eclass URL: e-class
– Required textbook
Ehrenberg, Ronald G., and Robert S. Smith. Modern Labor Economics: Theory and public policy. Routledge, 2016.
Borjas, George J. Labor Economics. McGraw-Hill, 6th edition, 2013.
