Labour Economics

Course content

The course in labor economics is supposed to enable students to read and understand current and previous research in labor economics, discuss policy proposals from the perspective of labor economics and reflect critically on new theories and empirical evidence.

The course covers the following topics:

  • Labor supply and demand

  • Education and human capital

  • Wage formation

  • Job search, unemployment and job reallocation

  • Bargaining and minimum wages

  • Active labor market policies

  • Flexicurity and employment protection
Education

MSc programme in Economics – elective course

 

The PhD Programme in Economics at the Department of Economics - elective course with resarch module (PhD students must contact the study administration and the lecturer in order to write the research assignment)

Learning outcome

After completing the course, the student should be able to:

Knowledge:

  • Describe the following theories and concepts:
    • The neoclassical theory of labor supply
    • The neoclassical theory of labor demand
    • General and specific human capital
    • Different types of wage determination
    • Search and matching models of the labor market

Skills:

  • Evaluate differences and similarities between the theories and concepts listed above

 

Competences:

  • Apply the concepts and theories listed above in the analysis of concrete empirical phenomena and policy proposals
  • Apply and extend theoretical labor market models with the view to understanding real world issues.
  • Construct and defend arguments on issues related to labor economics.
  • Assess an empirical research design and how to develop arguments supporting or critizing the empirical strategy.

Lectures and in-class discussion

Cahuc, P., S. Carcillo, and A. Zylberberg (2014), “Labor Economics”, MIT Press, ISBN: 9780262027700.

The textbook will be supplemented by lecture notes, slides and a few journal articles.

Pre-requisites are the bachelor-level micro, macro and econometrics courses.

Schedule:
2 hours lectures 1 to 2 times a week from week 6 to 21 (except holidays).

The overall schema for the Master can be seen at
https:/​/​intranet.ku.dk/​ECONOMICS_MA/​COURSES/​COURSECATALOGUE-F18/​Pages/​default.aspx

Timetable and venue:
To see the time and location of lectures please press the link/links under "Se skema" (See schedule) at the right side of this page (E means Autumn, F means Spring).

You can find the similar information partly in English at
https:/​/​skema.ku.dk/​ku1718/​uk/​module.htm
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F18; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring – Week 5-30”
Press: “ View Timetable”

ECTS
7,5 ECTS
Type of assessment
Written examination, 12 hours
individual take-home exam. It is not allowed to collaborate on the assignment with anyone. The exam assignment is given in English and must be answered in English.
____
Aid
All aids allowed
Marking scale
7-point grading scale
Censorship form
No external censorship
The course can be selected for external assessment.
____
Criteria for exam assessment

Students are assessed on the extent to which they master the learning outcome for the course.

To receive the top grade, the student must with no or only a few minor weaknesses be able to demonstrate an excellent performance displaying a high level of command of all aspects of the relevant material and can make use of the knowledge, skills and competencies listed in the learning outcomes.

Single subject courses (day)

  • Category
  • Hours
  • Lectures
  • 42
  • Preparation
  • 152
  • Exam
  • 12
  • English
  • 206