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Labour Market Theory

Summary

Theory of the individual labour supply. Decision-making between work and
leisure. Fundamental Model. Rate of working activity and length of working
time. Labour quality and investment into human capital. Theory of human
capital. Theory of supply and demand of employment work. Theory of
unemployment. Inflation, unemployment and growth of productivity. NAIRU. Wages
determination and work allocation. Unions and collective bargaining. Government
and Labour market. Discrimination on the labour market. Process of looking for
a job. Mobility of the labour force.

Literature

Borjas, G. J.: Labor Economics. New York. The McGraw-Hill Companies 1996.
Ehrenberg, R. G. - Smith, R. S.: Modern Labour Economics. New York. Harper
Collins College Publisher, nc. 1994.
Filer, R. K. - Hamermesh, D. S. - Rees, A. E.: The Economics of Work and Pay.
Sixth Edition. Harper Collins Publishers 1996.
Layard, R. - Mickell, S. - Jackman, R.: Unemployment. Oxford University Press
1991

Advised literature

Borjas, G. J.: Labor Economics. New York. The McGraw-Hill Companies 1996.
Ehrenberg, R. G. - Smith, R. S.: Modern Labour Economics. New York. Harper
Collins College Publisher, nc. 1994.
Filer, R. K. - Hamermesh, D. S. - Rees, A. E.: The Economics of Work and Pay.
Sixth Edition. Harper Collins Publishers 1996.
Layard, R. - Mickell, S. - Jackman, R.: Unemployment. Oxford University Press
1991


Language of instruction angličtina
Code 114-9514
Abbreviation LMT
Course title Labour Market Theory
Coordinating department Department of Economics
Course coordinator prof. Ing. Jaromír Gottvald, CSc.