EPN-V2

ØASØK4700 Labour Economics Course description

Course name in Norwegian
Arbeidsmarkedsøkonomi
Weight
10.0 ECTS
Year of study
2021/2022
Course history
Curriculum
FALL 2021
Schedule
  • Introduction

    Tre timer forelesninger i plenum per uke. Oppgaveløsing under veiledning av studentassistenter. Undervisningen starter etter at forkurset i matematikk er avsluttet.

  • Recommended preliminary courses

    Bjørnar Larssen

  • Required preliminary courses

    None.

  • Learning outcomes

    After completing the course, students will acquired the learning outcomes defined in knowledge, skills and general competence:

    Knowledge

    The students

    • have in-depth knowledge of the economic theories of labour market, including what factors determine the supply decisions of workers and the demand decisions of employers and how the labour market balances out the conflicting interests of the two parties
    • have advanced knowledge of how various institutional features (labour market discrimination, labour union, incentive pay systems etc.) impact the labour market outcomes (distribution of earnings, employment opportunity etc.)
    • have advanced knowledge of how investments in human capital determine the shape of the wage distribution
    • have advanced knowledge of how unemployment exists and persists in labour markets and the challenges in policymaking addressing unemployment

    Skills

    The students

    • can analyse theoretical models to investigate how labour markets function and interpret the model findings to address challenges in policymaking
    • can analyse relevant data and design empirical models to investigate effects of economic and social policies (migration, discrimination, education etc.) on labour-market outcomes
    • can analyse empirical evidence and relate critically to economic theories to enhance understanding of policy effects and to make policy recommendations
    • can acquire skill to work independently to develop and study research questions using existing theories and research methods

    Competence

    The students

    • can communicate with practitioners and policy makers to design and analyse labour-market policies
    • can engage in analytical discussions of economic reports and policy papers
    • can disseminate knowledge through presentation and discussion to both specialists and to the general public
    • can critically reflect on scope and limitations of economic policies to address the functioning of labour markets
  • Teaching and learning methods

    Individuell skriftlig eksamen på fire timer i slutten av semesteret.

  • Course requirements

    None.

  • Assessment

    Se egen hjelpemiddelliste som publiseres i god tid før eksamen.

  • Permitted exam materials and equipment

    One dictionary (Native language-English/English-native language or English-English).

    Calculator (as specified in regulations for use of calculator).

  • Grading scale

    Letter grading A-F.

  • Examiners

    An internal and an external examiner will grade the exam.

    A selection of at least 25% of the exam papers will be assessed by two examiners. The grades awarded to exam papers assessed by the external and internal examiner will be used to determine the level of all exam papers.

  • Course contact person

    Det benyttes en intern og en ekstern sensor til sensurering av besvarelsene.

    Et uttrekk på minst 25 % av besvarelsene sensureres av to sensorer. Karakterene på de besvarelsene som er vurdert skal danne grunnlag for å fastsette nivå på resten av besvarelsene.