First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Economics and Political Science
Course unit
EPP4064806, A.A. 2018/19

Information concerning the students who enrolled in A.Y. 2016/17

Information on the course unit
Degree course First cycle degree in
EP2093, Degree course structure A.Y. 2014/15, A.Y. 2018/19
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Number of ECTS credits allocated 6.0
Type of assessment Mark
Course unit English denomination LABOUR ECONOMICS
Department of reference Department of Economics and Management
Mandatory attendance No
Language of instruction English
Single Course unit The Course unit CANNOT be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Teacher in charge DONATA FAVARO SECS-P/02

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Educational activities in elective or integrative disciplines SECS-P/02 POLITICA ECONOMICA 6.0

Mode of delivery (when and how)
Period Second trimester
Year 3rd Year
Teaching method frontal

Organisation of didactics
Type of hours Credits Hours of
Hours of
Individual study
Lecture 6.0 42 108.0 No turn

Start of activities 07/01/2019
End of activities 15/03/2019

Prerequisites: Mathematics, Microeconomics and Macroeconomnics.
Target skills and knowledge: The course aims to provide the theoretical knowledge for the analysis and interpretation of the behaviour of agents in the labour market and the equilibrium of that market.
The main goal of the course is to develop the following skills and abilities:
- knowledge of theoretical models of labour supply and demand and labour market equilibrium;
- knowledge of the theoretical model of human capital;
- to autonomously apply theoretical models to interpret trends in labour supply and demand in the European countries.
- to apply theoretical models to interpret the effects of active and passive labour market policies on labour supply and labour market participation;
- to apply theoretical models to interpret the labour market effects of automation;
- abilities to interpret the effects of tax regimes on labour supply;
- abilities to interpret the effect of education policies on schooling choices.
- theoretical knowledge of models with bargaining between trade unions and firms' organizations;
- abilities to interpret bargaining processes between trade unions and firms' organizations in European countries.
Examination methods: Written exam.
Assessment criteria: Student evaluation will be based on the following criteria:
- completness of acquired knowledge;
- knowledge of the specific terminology of labour economics;
- ability to autonomously apply the theoretical models discussed in class;
- ability to discuss the trends in the main indicators of the European labour markets;
- ability to autonomously apply the theoretical models to interpret the effects of labour market policies and taxation of labour income.
- skills to discuss educational achievement and interpret empirical analyses of the returns to human capital.
Course unit contents: Main topics:
- The model of labour supply. Preferences, policies and labour income taxation.
- The model of labour demand in the short and long run. Cost of labour and impact of automation;
- Investment in education—the model of human capital—and the role played by natural ability, family characteristics and non-cognitive abilities. The returns to education;
- Labour market equilibrium in perfectly competitive markets;
- Non-competitive equilibria;
- Trade unions and bargaining models. Consequences on labour market equilibrium and welfare distribution;
- Labour market policies.
Planned learning activities and teaching methods: Lessons take place with the use of Power Point slides and the projection of class notes via electronic whiteboard.
Time will be allocated to discussions of facts that concern European labour markets. Active participation of students will be stimulated.
Additional notes about suggested reading: Any information about the course, class notes and other teaching material will be available on the course e-learning page (moodle), on the webpage
The access key to moodle will be announced during the first lesson.
Students are invited to consult the moodle page of the course regularly.
Textbooks (and optional supplementary readings)
  • Borjas, George J., Labor economicsGeorge J. Borjas. New York: McGraw Hill, 2016.

Innovative teaching methods: Teaching and learning strategies
  • Lecturing
  • Case study
  • Interactive lecturing
  • Active quizzes for Concept Verification Tests and class discussions
  • Loading of files and pages (web pages, Moodle, ...)

Innovative teaching methods: Software or applications used
  • Moodle (files, quizzes, workshops, ...)
  • One Note (digital ink)

Sustainable Development Goals (SDGs)
Quality Education Gender Equality Decent Work and Economic Growth Reduced Inequalities