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 and wage bargaining
- Job search, unemployment and job reallocation
- Active labor market policies
- Flexicurity and employment protection
MSc programme in Economics – elective course
The PhD Programme in Economics at the Department of Economics:
- The course is an elective course with research module. In order to register for the research module and to be able to write the research assignment, the PhD students must contact the study administration AND the lecturer.
After completing the course the student is expected to be able to:
- 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
- Apply the concepts and theories listed above in the analysis of concrete empirical phenomena and policy proposals
- Evaluate differences and similarities between the theories and concepts listed above
- Assess an empirical research design and how to develop arguments supporting or critizing the empirical strategy
- 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.
Lectures and in-class discussion.
There will be office hours. The lecturers will inform you in Absalon.
Changes to teaching methods due to a pandemic crisis:
The teaching in this course might be changed to either fully or partly online due to a pandemic crisis. If changes are implemented please read the study messages at KUnet or the announcements in the virtual course room on Absalon (for enrolled students).
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 econometrics course
Econometrics I (Økonometri I) at the Bachelor programme in
Economics, University of Copenhagen, or equivalent.
It is strongly recommended to have followed the course Microeconomics III at the Study of Economics, University of Copenhagen, or equivalent prior taking "Labour Economics".
2 hours lectures 1 to 2 times a week from week 6 to 20.
The overall schema for the Master courses can be seen at KUnet:
MSc in Economics => "courses and teaching" => "Planning and overview" => "Your timetable"
KA i Økonomi => "Kurser og undervisning" => "Planlægning og overblik" => "Dit skema"
Timetable and venue:
To see the time and location of lectures please press the link/links under "Timetable"/"Se skema" at the right side of this page (F means Spring).
You can find the similar information in English at
-Select Department: “2200-Økonomisk Institut” (and wait for respond)
-Select Module:: “2200-F23; [Name of course]”
-Select Report Type: “List – Weekdays”
-Select Period: “Forår/Spring”
Press: “ View Timetable”
Please be aware:
- The schedule of the lectures can change without the participants´ acceptance. If this occure, you can see the new schedule in your personal timetable at KUnet, in the app myUCPH and through the links in the right side of this course description and the link above.
- It is the students´s own responsibility continuously throughout the study to stay informed about their study, their teaching, their schedule, their exams etc. through the curriculum of the study programme, the study pages at KUnet, student messages, the course description, the Digital Exam portal, Absalon, the personal schema at KUnet and myUCPH app etc.
- 7,5 ECTS
- Type of assessment
Written examination, 12 hours
- Type of assessment details
- 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.
- All aids allowed
for the written exam.
Information about allowed aids for the re-examination, please go to the section "Re-exam".
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
for the written exam.
The oral re-examination may be with external assessment.
Criteria for exam assessment
Students are assessed on the extent to which they master the learning outcome for the course.
In order to obtain the top grade “12”, 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.
In order to obtain the passing grade “02”, the student must in a satisfactory way be able to demonstrate a minimal acceptable level of the knowledge, skills and competencies listed in the learning outcomes.
Single subject courses (day)
- Course number
- 7,5 ECTS
- Programme level
- Full Degree Master
- Go to 'Signup' for information about registration and enrollment.
Information about admission and tuition fee: Master and Exchange Programme, credit students and guest students (Open University)
- For teaching: Go to 'Remarks'.
- For exam and re-sits: Go to 'Exam'.
- Department of Economics, Study Council
- Department of Economics
- Faculty of Social Sciences
- Daphné Jocelyne Skandalis (16-6865746c726932776f65726865706d774469677372326f7932686f)
See ‘Course coordinators’
Please read "Remarks" regarding the schedule of the teaching.
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Courseinformation of students