BPE_LABE Labour Economics

Ekonomicko-správní fakulta
jaro 2023
2/0/0. 5 kr. Ukončení: zk.
Luca Fumarco, PhD (přednášející)
doc. Ing. Štěpán Mikula, Ph.D. (přednášející)
Luca Fumarco, PhD
Katedra ekonomie – Ekonomicko-správní fakulta
Kontaktní osoba: Mgr. Jarmila Šveňhová
Dodavatelské pracoviště: Katedra ekonomie – Ekonomicko-správní fakulta
Po 10:00–11:50 P106, kromě Po 27. 3.
The course requires a good knowledge of elementary microeconomics.
Omezení zápisu do předmětu
Předmět je nabízen i studentům mimo mateřské obory.
Mateřské obory/plány
Cíle předmětu
The course is designed to provide an introduction to the theory and practice of contemporary labor economics. The course develops an understanding of the determinants of wage rates and employment levels in labor markets. The tools of neoclassical economics will be used to examine such contemporary policy issues as: minimum wage laws, labor market discrimination, employment training programs, and the economic impact of unions. The first part of the course describes labor supply decisions made by rational households, labor demand decisions made by profit-maximizing firms and compensating wage differentials under the assumption of competitive markets. The second part of course is empirical and includes the analysis of wage differentials and human capital investments. Attention is given to the wage incentive schemes, discrimination, wage bargaining and unemployment.
Výstupy z učení
At the end of the course students should be able to: - explain motivations and behaviour of individual agents in the labor market, - evaluate the impact of government policy and labor market regulations on the functioning of labor markets, - describe economic consequences of labor unions, - explain factors behind the wage differentials, - explain push and pull factors of labor migration, - explain the determinants of unemployment, - explain factors influencing decisions about human capital investments.
  • 1. Introduction to Labor Economics • 2. Labor Supply • 3. Labor Demand • 4. Labor Market Equilibrium • 5. Compensating Wage Differentials • 6. Human Capital • 7. Wage Structure • 8. Labor Mobility • 9. Labor Market Discrimination • 10. Labor Unions • 11. Incentive Pay • 12. Unemployment
    povinná literatura
  • BORJAS, George J. Labor economics. Eight edition. New York: McGraw-Hill Education, 2020, xvi, 478. ISBN 9781260565522. info
Výukové metody
The course is taught through a two-hour lecture every week. Lectures introduce and highlight the central economic arguments behind the theoretical models. To obtain a good result in the final exam students are advised to attend all lectures and to complete the problem sets available in the textbook.
Metody hodnocení
The final evaluation is composed of: • Assignments: 0-20 points • Midterm exam: 0-40 points • Final Exam: 0-40 points Details are given in the syllabus. Exact exam dates will be announced in due course. Both midterm and final exams will be closed book, closed notes exams. Exams will include the material covered by the textbook. The policy of zero tolerance to academic dishonesty will be strictly applied. Evaluation scale: • A: (88; 100] • B: (81; 88] • C: 5(74; 81] • D: (67; 74] • E: (60; 67] • F: [0, 60]
Vyučovací jazyk
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Studijní materiály
Předmět je vyučován každoročně.
Předmět je zařazen také v obdobích jaro 2022, jaro 2024, jaro 2025.