In this course students will be introduced to the main concepts of modern labor economics. Students will learn about the relation between labor market and other markets. The course combines microeconomic and macroeconomic analytical tools to analyze how society develops, allocates, and rewards human resources. We will then study a wide range of labor-related issues. In doing so we will provide special emphasis to empirical evidence in the literature and to the evidence reported by government agencies and policy makers. The basic necessary data analytic tools will also be introduced and discussed at length. The main topics that will be covered in the course are: the theory of human capital, labor supply, labor demand, the life-cycle model, immigration and migration, the role of unions.
Nourhan HASHISH,Moshe BUCHINSKY
Cours magistral seul
English
Participants in the course should be familiar with the basic principles of economics. Students must have already taken the basic courses in economics, such as introduction to economics and intermediate economics. Students should also have basic familiarity with elementary statistics and econometrics.
Autumn 2022-2023
Students must attend almost all classes. They cannot miss more than two classes of the course over the term. There will be one take-out-exam that they can do in groups of no more than two students. There will also be four problem sets that will be performed individually and will have to score minimum grades of 75/100. Added credit can be achieved by active participation in class.
Econometrics issues will be covered by section from: J. Angrist and S. Pischke, Mostly Harmless Econometrics: An Empiricist's Companion, Princeton University Press, 2009 (MHE; a reference on empirical methods).