Courses Master Display 2021-2022
|Course Description||To PDF|
|Course title||Economics of Labour Markets and Human Capital|
For more information: email@example.com
|Language of instruction||English|
1. Understand how people learn (nurture, nature, education, training, informal learning).
2. Understand economic models related to lifelong learning.
3. Apply these economic models to questions of societal relevance (automation of work, ageing of the workforce).
4. Analyse empirical findings related to lifelong learning.
5. Evaluate empirical strategies to analyse the determinants and effects of lifelong learning.
6. Use economic models and empirical literature to solve questions related to the determinants and effects of lifelong learning.
7. Formulate research questions, write academic papers and present findings.
8. Provide productive feedback to peers.
Why do people and firms invest in schooling? What are the implications of the diffusion of technological and organisational innovations on the skills demanded in the labour market and the match with the skills supplied? What are the costs and benefits of formal education and training and informal training for workers and firms? And what are the causes of skill obsolescence? All these questions are addressed in this course that aims to increase students’ understanding of (1) the implications of labour market developments for both workers and firms, and (2) the effects of human capital investments and deterioration on workers’ wages and employability, as well as the performance of organisations. This will enable students to understand the costs and benefits of generic and specific human capital development from a firm’s perspective. Moreover, the course deals with the institutional context and the labour market developments related to life-long learning, e.g., how pension institutions affect the training participation of older workers and how technological change relates to changing skill demands. The course uses theoretical and empirical papers so that economic models are not only explained but also applied to questions of societal relevance. Students will thereby learn how to analyse empirical findings related to lifelong learning and how to evaluate empirical strategies.
The course aims at the following learning objectives:
* Understanding how people learn (nurture, nature, education, training, informal learning).
* Understanding economic models related to lifelong learning.
* Applying these economic models to questions of societal relevance (automation of work, ageing of the workforce).
* Analyze empirical findings related to lifelong learning.
* Evaluate empirical strategies to analyze the determinants and effects of lifelong learning.
* Use economic models and empirical literature to solve questions related to the determinants and effects of lifelong learning.
As people also learn from feedback, we have an additional learning objective (non-graded formative assessment):
* Provide productive feedback to peers.
Various research papers from international journals
|Teaching methods||PBL / Presentation / Lecture / Assignment|
|Assessment methods||Final Paper / Attendance / Participation / Written Exam|
|Evaluation in previous academic year||For the complete evaluation of this course please click "here"|
|This course belongs to the following programmes / specialisations||