Labor Economics

Key Info

Basic Information

Studypath:
Master in Management, Business and Economics
Semester:
2
Course Type:
Lecture
Language:
English
Cycle:
Irregular
Scheduling:
Entire semester
Course Units:
4.0
Credits:
5.0
Compulsory Attendance:
No

Lecturer

  • Univ.-Prof. Dr.rer.pol. Almut Balleer

The following details taken from the examination regulations MSWIWI/14, SMPO 2. Änderungsordnung (zum WS 17/18) are for information purposes only and not legally binding. For legally binding information, please refer to the corresponding official examination regulations of the program Master in Management, Business and Economics.

Syllabus

Introduction to economic models of the labor market and labor market policy;
Examples of questions studied: What determines labor supply, labor demand and the equilibrium on the labor market? Why does unemployment exist? How does the labor market influence economic out-comes? How does economic policy work? What is the role of unions for wages and unemployment?

Objectives

Competent evaluation of labor market policy based on the application of economic theo-ry, taking into account economic and social outcomes
Critical interpretation of economic facts and empirical studies about the failure and suc-cess of labor market policy

Prerequisites

Introductory econometrics, microeconomics

Examination

Examination (60%, graded, 60min.), Presentation (40%, graded)

Further Information

No information available in English at the moment.

Literature

- Borjas, George J., Labor economics, Mcgraw Hill Higher Education, 7th edition, 2015