Java Python ECON6007 Labour Economics
Course Objectives:
The aim of this course is to provide students with the knowledge and skills necessary to un-dertake academic research in labour economics and to work as professional labour economists. The course discusses in details some of the most important topics in labour economics re-search by bringing the theory to the data using a combination of empirical methodologies.
Syllabus:
• Labour supply: Neoclassical theory of labour supply; Empirical evidence on estimates of the labour supply elasticities; Policy applications
• Labour demand: Static labour demand; Adjustment costs; Empirical evidence on labour demand elasticities (Focus on minimum wages)
• Human capital: The theory of human capital (schooling model and signalling model); Empirical evidence on returns to education
• Discrimination: Theories of discrimination; Empirical evidence on gender and race discrimination
• Labour mobility: Theory; Empirical evidence on labour market effects of migration
• Empirical project: How to carry out a labour economics empirical project
Learning Outcomes:
Having successfully completed the module students should be able to:
• Identify and discuss key issues related to current research in labour economics.
• Employ modern theoretical and empirical techniques to analyse research questions in labour economics.
• Use applied economics to address policy relevant questions in labour economics.
Course Assessment
• one 10% written assignment – to be handed in March 22nd 2019.
• one 90% individual coursework in form. of an essay / research report on a labour eco-nomics topic (including econometric analysis with statistical software) – to be handed in May 3rd 2019. You will also have to give a brief oral presentation of your research report. Details will be posted on Blackboard.
Textbook References
The lecture slides should be self-contained, but in case you want to consult some textbooks:
• Cahuc, Pierre, Stephane Carcillo and Andr´e Zylberberg (2014). Labor Economics, MIT Press.
• Borjas, George (2012). Labor Economics (6th edition), McGraw-Hill.
• Angrist, Joshua and J¨orn-Steffen Pischke (2009). Mostly Harmless Econometrics, Princeton University Press, Princeton and Oxford