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Labour market

Labour market
114-0363/02
čeština Labour market
114-0363/01
čeština Labour market
114-0363/03
čeština

Summary

The course introduces students to the functioning of the labour market and its key mechanisms. It focuses on explaining the relationship between labour supply and demand, the formation of wage equilibrium, and the factors influencing it. Students will gain knowledge of human capital, educational mismatch, and the importance of soft skills for employability. The course also addresses information asymmetry in the labour market, determinants of wage differentials, and the causes and forms of unemployment. Furthermore, it presents the instruments and effects of employment policy and discusses entrepreneurship as an alternative opportunity for labour market participation.

Literature

BORJAS, George. Labor Economics. New York: McGraw-Hill Education, 2020. 569 p. ISBN 978-1-26-000472-4 .
BANSAK, C., N. SIMPSON and M. ZAVODNY. The Economics of Immigration. New York: Routledge, 2020. 470 p. ISBN 978-0-36-741616-4.
BALCAR, Jiří, HOMOLOVÁ, Eva, KARÁSEK, Zdeněk, et al. (2011). Transferable competences across economic sectors: Role and importance for Employment at European level. Luxembourg: Publications Office of the European Union. 96 s. ISBN 978-92-79-20946-8 .

Advised literature

European Commission. Employment ad Social Developments in Europe. Annual Review 2022. Luxembourg: Publications Office of the European Union, 2022. 135 p. ISBN 978-92-76-54212-4 .
European Commission. Migrant Integration Statistics. Luxembourg: Publications Office of the European Union, 2021. 154 p. ISBN 978-92-76-27449.
ILO. The Value of Essential Work. World Employment and Social Outlook 2023. Geneva: Intenational Labour Office, 2023. 254 p. ISBN 978-92-2-036651-6 .
EHRENBERG, R.G., R.S. SMITH and K.F. HALLOCK. Modern Labor Economics. Theory and Public Policy. New York: Routledge, 2020. 782 p. ISBN 978-04-2932-720-9 .


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Language of instruction čeština, čeština, čeština
Code 114-0363
Abbreviation TPA
Course title Labour market
Coordinating department Department of Economics
Course coordinator doc. Ing. Jiří Balcar, Ph.D., MBA