Entry requirements

At least 52.5 credits from Economics A and B and 15 credits in statistics.

Learning outcomes

The goal of the course is to present basic labour market theory with empirical applications for the Swedish labour market.

After completing the course, the student is expected to be able to:

- explain basic labour market theory in a verbal, graphical and mathematical way.

- analyse the consequences of different kinds of public policy for the labour market

- apply labour market theory to the Swedish labour market.

Content

The functioning of the labour market is central for people's living conditions. Wages, employment conditions, employment and unemployment are determined in a complicated interplay among individuals, firms, organisations and public authorities. Labour economics is the area in economics studying this interaction.

The course presents modern labour market theory and shows how this can be applied on the Swedish labour market. Among those areas that are covered, the following can be mentioned:

Labour force participation and hours worked

Demand for labour

Wage differences, for example human capital theory and discrimination theory

Demand for education

Labour mobility

Trade unions

Unemployment and labour market policy

Instruction

The instruction consists of lectures.

Assessment

The assessment consists of a written exam.