Learning objectives: The course is meant to present the main themes concerning the functioning of the labour market.. It covers the theoretical problems related to the behaviour of workers, firms and institutions in the determination of wages and employment. It also provides students with the basic methodological tools used in empirical labour economics and surveys the available empirical evidence for both OECD countries and developing economies. The course also covers topics in human resource management and industrial relations.
Expected learning outcomes:
Knowledge and understanding: The student will have to prove to be familiar with the basic concepts of the discipline and to be able to use the main tools in order to understand the solution of microeconomic problems and interpret empirical evidence. Mastery of the mathematical and statistical tools available in the textbook is of the essence
Applying knowledge and understanding: The student must demonstrate that she has understood the interdependence between the energy system and the economic system, integrating the economic aspects with the technical and institutional ones.
Making judgments: The student must demonstrate that she has developed a critical ability to assess the economic implications of energy sustainability policies.
Communication: the student should be able to answer the questions of both the written examination and the possible oral examination in a clear, convincing and thorough way. The student will learn how to convey results with the help of reports and synthetic graphs.
Lifelong learning skills: the student should be able to show a good learning ability, managing to widen, her knowledge with the use of relevant bibliographic references. The student will have the opportunity to apply the knowledge gained in previous courses integrating it with the additional professional skills that characterize the course.
Knowledge of basic concepts of microeconomics, macroeconomics, and statistics.
Part I (24 HOURS):
Introduction and revision of fundamental concepts from microeconomics. Schooling, training and the labour market. Labour supply. Labour demand.
Part II (24 HOURS):
Equilibrium in the labour market under perfect competition. Introduction to non-competitive markets. Wage determination. Discrimination. Personnel economics.
Part III (24 HOURS):
Efficiency wages. Unemployment. Unions and collective bargaining. Employment protection legislation. Labour policies
The course includes frontal lessons during which the themes of the program are discussed.
George J. Borjas, Economia del lavoro, Francesco Brioschi Editore, u.e.
The assessment is based on a written examination composed by thematic questions aimed at evaluating the actual achievement of the objectives by the students. In order to evaluate the depth in understanding the general theoretical knowledge, the written exam includes open questions on the course topics. In their answers the students should be able to show and illustrate the fundamental concepts acquired during their studies. An oral examination can also be held, in case the lecturer deems it useful to better ascertain the student’s knowledge. The grade of the oral examination is expressed on a scale from 0 to 30, and it is averaged with the grade of written examination (equal weighting) in order to determine the final vote.