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Labour Economics

Type of study Follow-up Master
Language of instruction English
Code 114-0576/01
Abbreviation ETP
Course title Labour Economics
Credits 5
Coordinating department Department of Economics
Course coordinator doc. RNDr. Milan Šimek, Ph.D., MBA

Subject syllabus

The course provides especially the exact knowledge of unemployment and government´s interventions in the labour market.
The subject explains the relation between the unemployment and other important economic phenomenons such as minimum
wage, real wage, economic equilibrium. Theory is based on the classical, neoclassical approach but also on other theories. The
course provides the knowledge of the European Union labour markets, too. Development of the EU integration process since the eighties and basic development tendencies in the labour market.
1. The competitive equilibrium
2. The unemployment theories
3. Theory of human capital
4. Theory od discrimination
5. Wage determinants
6. Migration theories and labour market
7. Labour market flexibility
8. Flexicurity
9. Holland's Theory of Career Choice
10. European employment strategy
11. Labour market - Denmark, Germany, UK
12. Labour market – Spain, Netherlands, Poland
13. Labour market in the Czech Republic
14. Active and passive labour market policy in the Czech Republic

E-learning

The teacher's contact with the students will be realized through consultations, via email communication and through the LMS (Moodle) electronic learning system. Students usually communicate with each other via email communication.

Literature

BORJAS, George. Labor Economics. New York: McGraw-Hill Education, 2020. 569 p. ISBN 978-1-26-000472-4 .
CAHUC P., S. CARCILLO and A. ZYLBERBERG. Labour Economics. 2nd ed. Cambridge, MA, MIT Press, 2014. ISBN 978-0-26-202770-0.
EHRENBERG, Ronald and Robert SMITH. Modern Labor Economics. Theory and Public Policy. 13th ed. Routledge, 2021. ISBN 9780367346973.

Advised literature

BANSAK, C., N. SIMPSON and M. ZAVODNY. The Economics of Immigration. New York: Routledge, 2020. 470 p. ISBN 978-0-36-741616-4.
European Commission. Migrant Integration Statistics. Luxembourg: Publications Office of the European Union, 2021. 154 p. ISBN 978-92-76-27449-0 .
European Commission. Labour Market and Wage Developments in Europe. Anual review 2023. Luxembourg: Publications Office of the European Union, 2023. ISBN 978-92-68-04288-5 .


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