Course syllabus EBC-EKPR - Labour Economics (FBE - WS 2020/2021)

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Course code:
Course title in Czech:
Labour Economics
Course title in English:
Labour Economics
Semester: WS 2020/2021
Mode of completion and number of credits:
Exam (4 credits)
Mode of delivery and timetabled classes:
full-time, 2/1 (hours of lectures per week / hours of seminars per week)
Level of course:
Course type:
Type of delivery: usual
Mode of delivery for our mobility students abroad:
by prior arrangement with the course supervisor
Language of instruction:
Course supervisor: Ing. Aleš Franc, Ph.D.
Course supervising department:
Faculty of Business and Economics
Ing. Aleš Franc, Ph.D. (examiner, instructor, lecturer, supervisor)
Timetable in this semester:
-- item not defined --
Aim of the course and learning outcomes:
The main goal of the course is to explain functioning of labor markets. After completing the course, students should be able to understand what factors affect people's decisions whether to work or not, how companies decide on the number of hired workers and how these decisions are affected by specific government policies, regulations and trade union activities. Students will be able to evaluate the influence of the main factors affecting the wages (investment in human capital, discrimination).
Course content:
1.Introduction to labor economics (allowance 2/1)
Labor supply (allowance 4/2)
3.Demand for labor (allowance 2/1)
4.Labor market equilibrium (allowance 2/1)
5.Compensating wage differentials (allowance 2/1)
Human capital (allowance 2/1)
Wage structure (allowance 2/1)
8.Mobility of labor (allowance 2/1)
Labor market discrimination (allowance 2/1)
The role of trade unions in labor market (allowance 2/1)
Incentive pay (allowance 2/1)
Unemployment (allowance 2/1)
13.Structural changes in labor market (allowance 2/1)
Learning activities and teaching methods:
Type of teaching method
Daily attendance
28 h
14 h
preparation for exam
30 h
preparation for regular assessment
20 h
preparation for regular testing
20 h
112 h
Assessment methods:
Student will pass the course after collecting at least 60 points in a sum of three activities over the semester: his activity in seminars (max 10 points), two partial tests (max 20 points each) and final test (max 50 points). Student must collect at least 20 points from partial tests in sum and at least 20 points from final test.

The final grade is given by the collected number of points, that is less than 60 points F, 60 points and more E, 68 points and more D, 75 points and more C, 83 points and more B and 90 points and more A.
Assessment criteria ratio:
Requirement type
Daily attendance
Active lecture/seminar/workshop/tutorial participation
10 %
Mid-term test(s)
40 %
Final test
50 %
100 %
Recomended reading and other learning resources:
BORJAS, G J. Labor economics. New York, NY: McGraw-Hill Education, 2016. 569 p. ISBN 978-0-07-802188-6.

FRANC, A. Ekonomie práce. Brno: Ústav ekonomie PEF MENDELU, 2020. E-opora

Course listed in study plans for this semester:
-- item not defined --
Course listed in previous semesters:
 (and older)
Teaching place:

Last modification made by Ing. Bc. Martin Machay, Ph.D. on 06/03/2020.

Type of output: