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Description
Aims: The module provides a comprehensive introduction to modern labour economics. After providing some basic information about characteristics and trends in actual labour markets the module analyses in some detail the supply side and the demand side of the labour market. These building blocks enable further analysis of special topics such as human capital, labour market discrimination and unemployment. Emphasis will also be given to the empirical evidence on those topics. The module provides applications, in the context of labour markets, of analytical concepts and empirical techniques taught in the core modules of the BSc Economics degree (and joint degrees).
Suitable for: 2nd / final year BSc Economics (L100, L101 and L102), 3rd year BSc Economics and Statistics (LG13), BA Philosophy and Economics (VL51) students and BSc Politics, Philosophy and Economics (4V86) students.
Prerequisites:
ECON0013: Microeconomics (or equivalent), ECON0005: Statistical Methods in Economics (or equivalent), ECON0004: Applied Economics. Students can be taking ECON0013 concurrently.
Assumed knowledge:听
Some calculus is used in the theoretical sections and these sections also assume knowledge of microeconomics at the intermediate level. The empirical labour economics literature is quite econometrics-intensive and but in order to keep this course accessible the emphasis is on empirical results rather than detailed statistical techniques. Where methodological issues are central, particularly in relation to potential biases in estimated effects, these will be explained intuitively as well as guiding those with a stronger quantitative background to more rigorous treatments.
Module deliveries for 2024/25 academic year
Last updated
This module description was last updated on 8th April 2024.
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