Labour Economics

Academic Level: BSc
Credit Value: 5 ECTS
Hours in class: 32 hours

Author and lecturer – Tatyana Razumova, Dr. of Economics, Ass. Professor, Vice-head of the Chair of Labour and Personnel Economics.

Aims:
The purpose of this course is to provide students with a firm grounding in labor economics theory: basic and advanced labor supply and labor demand models, human capital theory, wage determination, unemployment analysis, which can be used for choosing individual labor strategy and making policy decisions.
The students will be able to:
· Analyze labor behavior of employers and employees;
· Explain the role of government decisions in labor market functioning ;
· Analyze labor market statistic data, costs and benefits of individual investment in education.
Text:
Basic textbook: Modern Labor Economics: Theory and Public Policy. Ronald G. Ehrenberg, Robert S. Smith.Addison Wesley, 2006 г.
Recommended references:
· Handbook on Labor Economics. Orly C.Ashenfelter, Richard Layard. North Holland/Elsevior. 1987.
· Handbook on Labor Economics 2. Orly C.Ashenfelter, Richard Layard. North Holland/Elsevior. 1992.
· Handbook on Labor Economics 3 North Holland/Elsevior. A. Orly C.Ashenfelter, David Card. North Holland/Elsevior.1999.
Journals:
· Journal of Labor Economics
· Labour Economics
Websites:
National Bureau of Economic Research – www.nber.com
Economic Education and Research Consortium – www.eerc.org
International Labour Organization – www.ilo.org
Assessment:
Two tests (10 points each), two home works (10 points each), presentation of report (15 points), written examination (40 points ), 5 points for participation
Teaching Methods:
Lectures, seminars, round table discussions, case study, presentations.

Weekly schedule

Week
Topic
Hours
Lecture
Seminars
1
Labor supply
2
2
2
Labor demand
2
2
3
Labor market functioning
2
2
4
Human capital
2
2
5
Wages
2
2
6
Mobility of labor force
2
2
7
Trade unions
2
2
8
Unemployment
2
2
Total
16
16

05 апр 2010