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Labor Economics

Code 16518
Year 3
Semester S2
ECTS Credits 6
Workload TP(60H)
Scientific area Economics
Entry requirements NA
Learning outcomes The objective of the course is to develop students' abilities in acquiring a better understanding
of the labour markets´ functioning like unemployment, jobs and wages. Another objective is to
provide students the tools for carrying out independent research in the field. This course covers
traditional and recent economic theories that explain labour market functioning. Also, there is a
discussion on the empirical studies in Labour economics, particularly applied to the Portuguese
case.
Skills to develop:
- General: responsibility, Independent reasoning and decision, Team-work and oral and written
communication.
- Academic: Ability to analyse and interpret data and empirical studies
- Professional: Capacity to analyse the economic activity in its diverse dimensions (local,
regional, national and international) and knowledge about the Portuguese and European labour
markets functioning
Syllabus 1. Labour Supply and Demand Behaviour.
2. Education and Human Capital.
3. Compensating wage differentials.
4. Wage inequality.
5. Labour market discrimination.
6. Contracts and Work incentives.
7. Collective Bargaining. Unemployment.
Main Bibliography Borjas, George (2023) Labor Economics, New York: McGraw-Hill
Kaufman, B., & Hotchkiss, J., (2004) The Economics of Labor Markets, Thomson South-Western
Cahuc, P., S. Carcilo e A. Zylberberg (2014), Labor Economics, The Mit Press.
Lopes, H., & Cerejeira, J., (2023) Economia do trabalho: mercados e instituições, Almedina
Teaching Methodologies and Assessment Criteria Theoretical concepts will be presented followed by analysis of empirical applications or by
solving exercises. Discussion on the theories and on the evidence, paying particular attention to
Europe and especially to Portugal. On the other hand, elearning solutions are available which
ensures flexibility and another opportunity of contact between students and teaching staff.
Evaluation: Two written tests (85%) and participation in the classroom (15%).
Language Portuguese. Tutorial support is available in English.
Last updated on: 2025-03-14

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