5 credits
30.0 h
Q2
Teacher(s)
Dejemeppe Muriel; Rycx Lamme d'Huisnacht François; Van der Linden Bruno;
Language
French
Prerequisites
Despite its introductory level, this course assumes a certain number of prerequisites in microeconomic theory (the theory of the firm, the demand for factors; the microeconomic theory of the consumer/worker) and in macroeconomics (wage formation at the aggregate level; analysis of the causes of unemployment).
Main themes
- Choice of labour input by firms and choice of labour supply by the population.
- Perfect and imperfect competition on the labour market.
- Imperfect information on the labour market.
- Discrimination.
- Role of labour market institutions (labour law, unions, minimum wages, etc.).
- Analysis of performances on the labour market, with an emphasis on unemployment and the effectiveness of employment policies.
Aims
At the end of this learning unit, the student is able to : | |
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The contribution of this Teaching Unit to the development and command of the skills and learning outcomes of the programme(s) can be accessed at the end of this sheet, in the section entitled “Programmes/courses offering this Teaching Unit”.
Content
The course covers the following topics:
1. What labour economics is about and what are the major methodological approaches? What are the basic statistical concepts? 2. Labour demand. 3. Labour supply (participation and working time, job-search). 4. Perfect competition. 5. Discrimination. 6. Collective bargaining. 7. Unemployment. 8. Labour market flows, matching and unemployment.
1. What labour economics is about and what are the major methodological approaches? What are the basic statistical concepts? 2. Labour demand. 3. Labour supply (participation and working time, job-search). 4. Perfect competition. 5. Discrimination. 6. Collective bargaining. 7. Unemployment. 8. Labour market flows, matching and unemployment.
Teaching methods
The teaching methods are threefold. First, there are the lectures. Second, a good understanding of the content of this course requires the solving of exercises at home or in class. Third, the material covered in class is complemented by homework readings and/or group activities.
Participation of students is encouraged in the classroom through questions, exercises and discussions over subjects of topical interest.
Participation of students is encouraged in the classroom through questions, exercises and discussions over subjects of topical interest.
Evaluation methods
The course material of the lectures will be evaluated on the basis of a written closed-bookexam and of the quality of work done individually and in small groups.
Faculty or entity
ECON
