Labor Market

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Course informations

Study program level Graduate
Study program Management
Study program direction Small and medium enterprises
Course year 2.
Course semester IV
Course status Elective
ECTS 4
Lectures (h) 15
Excercises (h) 30
Seminars (h) -

Course objectives

  • Give an overview of the fundamental characteristics of the labor market
  • Understanding the way in which income policy affects inflation and other macroeconomic sizes

Course outcomes

  • Critically evaluate the characteristics of the labor market
  • Determine productivity of work
  • Critically evaluate the impact of taxation policy on enterprise and economy efficiency
  • Re-examine the role of trade unions in the labor market
  • Compare the ways in which income policy affects inflation and other macroeconomic sizes
  • Develop a market analysis on a given example
 

Course content

Offer and demand for work. Quality of work: investing in human capital: concept and data. Determining wages. Labor market equilibrium. Population, employment and unemployment. Productivity of the workforce. Discrimination in labor markets. Country and labor market: employment, consumption and taxation. Country and labor market: legislation and regulation. Unions and collective bargaining. Economic influence of trade unions.
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