EC423 Course Guide

An advanced course in labour economics issues, including theory, evidence and policy. The aim of this course is to acquaint students with current theoretical and empirical topics in current labour economics and to encourage the development of independent research interests. The course has a strong applied focus. For each major topic covered we will derive testable implications, provide insights into the research methodology, discuss the advantages and limitations of existing empirical work, and draw policy conclusions.

Topics include:

  • Wage determination, compensating differentials, race and gender gaps, and wage inequality
  • Human capital, returns to schooling, signalling and training
  • Incentives in the labour market
  • Labour supply and welfare programmes
  • Labour market institutions: minimum wages, unemployment compensation, employment protection, unions
  • The economics of crime

Please note: Teaching Fellows (who are often MRes and PhD students) may teach on this course.