After completing the course student has an advanced knowledge of the factors that have an effect on labor markets and can analyze those effects from the point of view of different labor market participants and the whole society.
Contents
Theories of labor market and empirical research on labor market. Models of imperfect competition on labor market (like efficiency wage and trade union models) as well as labor search and incidence models. The formation of wages, wage differentials, the explanations of unemployment, the meaning of labor market institutions and the actions affecting unemployment.
Teaching language
Finnish,
English
Modes of study
Option
1
Available for:
Degree Programme Students
Other Students
Open University Students
Doctoral Students
Exchange Students
Written exam
In
Finnish
In
English
Written exam is possible for foreign students. Exchange students should contact the teacher responsible well in advance before the exam and make an agreement on the required readings, if they are interested in taking the written exam (see the curriculum).
Evaluation
Numeric 1-5.
Study materials
Three themes (material will be selected from this list):
I) Master Level Labour Economics: 1. Cahuc, Pierre & Zylberberg, André (2004): Labor Economics. MIT Press.
II) Imperfect Labour Market and Labour Market Policy: 1. Boeri, Tito & van Ours, Jan (2008): The Economics of Imperfect Labor Markets. Princeton University Press.
III) Trade Union Models and Incentives: 1. Booth, Alison L. (1994): The Economics of the Trade Union. Cambridge University Press.