LABOUR ECONOMICS - MOD. II
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 comprehension: students must prove their knowledge of the main issues of the discipline and must be able to use the discipline’s main instruments, in order to understand the solutions of economic problems and interpret empirical phenomena. Mastery of the mathematical and statistical tools employed during the course is essential.
Applying knowledge and understanding: students must prove their understanding of the main phenomena related to the Italian and European labour market, comparing different situations and patterns.
Making judgments: students must prove to have developed critical skills, in order to evaluate the economic implications of labour policies.
Communication: students must be able to answer in a correct, clear, binding and exhaustive fashion both the questions of the written test and the questions of the potential oral test. Students will learn how to communicate the results of the analyses carried out through essays and graphs.
Lifelong learning skills: students must prove their ability to learn, managing to widen their knowledge thanks to pertinent and relevant bibliographical references. Students will have the chance to apply the knowledge acquired during previous courses, integrating it with the further professionalising competences that characterise this course.
Knowledge of basic concepts of microeconomics, macroeconomics, and
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.