Course code: ECON4054
Course credits: 15
Taught: Semester 2
Course co-ordinator: Dr Ioana Moldovan
Entry requirements: Normally admission to an honours programme in Economics.
Available to visiting students: Yes
Contact for more information: Gillian Weir
This course will provide an overview of both micro labour (what determines differences in wages and labour supply between different people) as well as macro labour (what determines aggregate differences in wages and labour supply over time). By the end of this course students should be able to recognise and understand some empirical regularities characterising the labour market, both at the cross-sectional level (such as differences in earnings between women and men, evolution of the earning inequality) as well as the aggregate level (evolution over time of the employment rate); use the models studied to understand this set of empirical findings and use the models studied to evaluate the possible effect of alternative policies (e.g. what are the effects of a change in the minimum wage?)
Learning and teaching methods
20 hours of lectures (10 x 2 hours), Friday, 13.00-15:00
George J. Borjas (2013). Labor Economics. 6th edition, McGraw Hill International Edition.
An 2000 word essay (30%)
A 2-hour degree exam (April/May) (70%)