„ This course will introduce you to major themes in the modern analysis
of labour markets, covering both empirical and theoretical methods:

• Introduction of main economic theories and models of the labor market
• We use these models to derive predictions about effects of government policies
• Using examples from applied research, we learn how to tests of theoretical models empirically

„ By the end, your should have gained a knowledge of recent literature and research methodology, and be well-placed to undertake further
research.

Lectures will cover a selection of topics in labor economics, e.g

•  Labor Supply
• Labor Demand and Labor Market Equilibrium
• Human Capital
• Equilibrium Search and Monopsony Models
•  Gender, Race and Discrimination
• „ Income Inquality, Polarization and Technological Change
• Employment Protection and Regulation
• Immigration

The course is divided in two parts: The first part covers fundamental aspects of the labor market. We start with basic models of labor supply and demand.  We then study different types of market failures and frictions. The second part of the course is structured around a number of key empirical literature. We first review research on inequality from an individual, firm and intergenerational perspective. We then cover causal evidence on how labor markets adjust to shocks.