Courses Master Display 2022-2023

Course Description To PDF
Course title Labour Economics
Course code EBC4206
ECTS credits 6,5
Assessment Whole/Half Grades
Period
Period Start End Mon Tue Wed Thu Fri
2 31-10-2022 16-12-2022 C
Level Advanced
Coordinator Lex Borghans, Steffen Kuenn
For more information: lex.borghans@maastrichtuniversity.nl; s.kuenn@maastrichtuniversity.nl
Language of instruction English
Goals
Participants will gain a solid knowledge of labour economics and acquire an understanding of the functioning of labour markets. There will be an emphasis on the interaction between theoretical and empirical modelling. Students will become competent to critically evaluate economic theory in light of empirical evidence.
Description
PLEASE NOTE THAT THE INFORMATION ABOUT THE TEACHING AND ASSESSMENT METHOD(S) USED IN THIS COURSE IS WITH RESERVATION. A RE-EMERGENCE OF THE CORONAVIRUS AND NEW COUNTERMEASURES BY THE DUTCH GOVERNMENT MIGHT FORCE COORDINATORS TO CHANGE THE TEACHING AND ASSESSMENT METHODS USED. THE MOST UP-TO-DATE INFORMATION ABOUT THE TEACHING/ASSESSMENT METHOD(S) WILL BE AVAILABLE IN THE COURSE SYLLABUS.

The course sheds light on the employment decisions from the perspective of the firm and the worker. Topics that are covered in the course are the neoclassical labour supply model, labour demand, wages and employment determination with reference to labour market institutions (e.g. minimum wages, unemployment insurance, employment protection), search and matching theory, human capital theory, and the design of incentive schemes. There will be an emphasis on the interaction between theoretical and empirical modelling. Insights from state-of-the art empirical work will be discussed alongside theory.
Literature
Journal articles; chapters from Cahuc and Zylberberg (2004)
Prerequisites
Microeconomics I
Teaching methods (indicative; course manual is definitive) PBL / Presentation / Lecture / Assignment
Assessment methods (indicative; course manual is definitive) Final Paper / 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
Master Economic and Financial Research - Econometrics Year 1 Elective Course(s)
Master Economic and Financial Research - Econometrics Year 2 Elective Course(s)
Master Economic and Financial Research - No specialisation Year 2 Elective Course(s)