Economic , social and political studies
Department of economics
LEVEL OF STUDIES
INDEPENDENT TEACHING ACTIVITIES
WEEKLY TEACHING HOURS
Add rows if necessary. The organisation of teaching and the teaching methods used are described in detail at (d).
Special background-specialised knowledge
Introductory macroeconomics, introductory microeconomics
LANGUAGE OF INSTRUCTION and EXAMINATIONS:
IS THE COURSE OFFERED TO ERASMUS STUDENTS
Yes ( in English)
COURSE WEBSITE (URL)
(2) LEARNING OUTCOMES
Labour economics seeks to understand the complex relations and institutions of the labor market by studying the dynamics between employers, employees, and their wage-, price-, and profit-making incentives. In other words, modern labor economics explores the outcomes of the labor market under the assumption that workers strive to maximize their wellbeing and firms strive to maximize profits. It also analyzes the behavior of employers and employees and studies their responses to changes in government policies and/or in the demographic composition of the labor force. The purpose of this course is:
Α) to teach how workers and firms make decisions in the labor market.
Β) to teach how the government can alter the economic opportunities available to both workers and firms by changing the “rules of the game” through social policies, thus influencing the decisions of these two players.
The following methods will be outlined and used in the course:
2. Essay writing
3 Essay presentation
1. To be able to use the tools learned in this course to understand, analyze, and predict some of labor market outcomes
2. To examine the different ways social policy can affect the interaction between workers and firms
Upon successful completion of this course, students will be able to:
1. Demonstrate an understanding of basic labor economics theory, including labor market structures and wage determination.
2. Apply their understanding of theoretical models to analyze trends in data pertaining to topics in labor economics.
3. Apply their understanding of theoretical models to case studies presented in the course.
4. Construct, defend, and analyze important labor policy issues.
The course will be taught in thirteen four hour lectures in weeks 1-13, followed by thirteen two hour seminars. .
1.decision making in complex labour market policies
2.knowledge of methodological tools in labour market
3. critical analysis
1. Introduction to Labor Economics
2. Labor Supply
3. Labor Demand
4. Labor Market Equilibrium
5. Compensating Wage Differentials
6. Human Capital
7. The Wage Structure
8. Labor Mobility
9. Labor Market Discrimination
10. Labor Unions
11. Incentive Pay
13. Mathematical Appendix
(3) TEACHING and LEARNING METHODS – EVALUATION
DELIVERY Face-to-face, Distance learning, etc.
USE OF INFORMATION AND COMMUNICATIONS TECHNOLOGY
The manner and methods of teaching are described in detail.
Lectures, seminars, laboratory practice, fieldwork, study and analysis of bibliography, tutorials, placements, clinical practice, art workshop, interactive teaching, educational visits, project, essay writing, artistic creativity, etc.
The student’s study hours for each learning activity are given as well as the hours of non-directed study according to the principles of the ECTS
STUDENT PERFORMANCE EVALUATION
Description of the evaluation procedure
methods of evaluation, summative or conclusive, multiple choice questionnaires, problem solving, written work, essay/report, oral examination,
Specifically-defined evaluation criteria are given, and if and where they are accessible to students.
1.Written examination (in Greek)
3.Presentation of essays
They are analysed during the first lecture
• Borjas, G. (2016), Labour Economics, McGraw-Hill.
• Lazard, R. Nickell, R. and Jackman, T., (1991), Unemployment: macroeconomic performance and the labour market. Oxford: Oxford University Press.
• McConnel et al., (2002). Contemporary labor economics. McGraw-Hill Education Ltd.
• Bosworth, D, Dawkins, P., Stromback, T. (1997) Economics of the Labour market, Harlow: Prentice Hall.
• Ehrenberg, R., Smith, R, (2000) Modern labour economics, theory and policy. Addison Wesley.