Labour Economics

Course Code :2107TEWECP
Study domain:Economic Policy
Academic year:2019-2020
Semester:1st semester
Contact hours:34
Credits:6
Study load (hours):168
Contract restrictions: Exam contract not possible
Language of instruction:English
Exam period:exam in the 1st semester
Lecturer(s)Nick Deschacht

3. Course contents *

The goal of this course is to apply microeconomic theory to labour market behaviour and wage formation, to gain insight into labour market policy issues and to analyse the impact of institutions on the labour market. By the end of the course, students should be able to discuss current labour economics research questions and policy implications in a clear, convincing and structured manner. Students should also be able to apply econometrics research approaches, such as regression analysis, the instrumental variables (IV) estimator, the difference-in-differences (DID) estimator, panel fixed effects and Oaxaca-Blinder decomposition for analysing real labour-economics phenomena.

This course focuses on:

  • Labour supply
  • Labour demand
  • Labour market equilibrium
  • Compensating wage differentials
  • Human capital
  • The wage structure
  • Labour mobility
  • Labour market discrimination
  • Labour unions
  • Unemployment