Labour Economics

Om utbildningen

The course aims to present modern economic theory of labor markets with applications to labor market policy. Labor economics is the study of the labor market from an economic perspective. Students learn to analyze how the interactions of the labor market agents, such as individuals, firms, organizations, and government, determines labor market participation, employment and unemployment, as well as wages and other aspects of labor contracts. Labor supply and demand is studied, with applications to labor market participation, employment and working hours. A flow perspective of the labor market is applied to the analysis of job creation and destruction, job search and the matching of workers with vacant jobs. Various theories of wage determination are studied, e.g. compensating differences, human capital, and individual and centralized wage bargaining. The determinants of unemployment are treated from the perspectives of labor market friction, as in the theory of search and matching, and of wage formation, as in the theories of unions and efficiency wages. These theories are applied to questions of labor market policy.

Behörighet

Nationalekonomi 22,5 hp eller motsvarande. Dessutom krävs Matematik 3b eller 3c eller Matematik C eller Matematik - fortsättning nivå 1b eller Matematik - fortsättning nivå 1c samt Svenska 3 eller Svenska nivå 3 samt Engelska 6 eller Engelska nivå 2. I de fall kursen ges på engelska görs undantag från kravet på Svenska 3 eller Svenska nivå 3.

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