SØK1026
Labour Economics
Spring
Trondheim
Norwegian
About this course
Content
The course provides an introduction to labor economics and discusses topics such as supply of and demand for labor, determination of wages and employment, as well as various causes of wage differences. The importance of education, migration and labor market institutions is also discussed.
Learning outcomes
Knowledge
You learn
- how supply of and demand for labor are determined
- how wages and employment are determined
- how wage differences may be explained
- the importance of education, migration, and institutions for labor market outcomes
Skills
You should be able to
- analyze effects of exogenous factors that affect supply of and demand for labor, and determination of wages and employment in the market
- explain what causes wage differences
- explain the importance of education, migration and labor market institutions
- analyze effects in the labor market of various policies
General competence
You should be able to
- follow economic reasoning related to the course in the public debate and professional reports
Teaching methods
2 hours of lectures every week. Information about tutorials and compulsory activity will be announced at the beginning of the term.