Modulhandbuch (Module manual)

M.184.2428 Labor Economics
(Labor Economics)
Koordinator (coordinator): Daniel Baumgarten
Ansprechpartner (contact): Daniel Baumgarten (daniel.baumgarten[at]uni-paderborn.de)
Marie Wegener (marie.wegener[at]uni-paderborn.de)
Credits: 10 ECTS
Workload: 300 Std (h)
Semesterturnus (semester cycle): SoSe
Studiensemester (study semester): 3-6
Dauer in Semestern (duration in semesters): 1
Lehrveranstaltungen (courses):
Nummer / Name
(number / title)		 Art
(type)		 Kontaktzeit
(contact time)		 Selbststudium
(self-study)		 Status (P/WP)
(status)		 Gruppengröße
(group size)
a) K.184.24281 / Labor Economics P
b) K.184.24282 / Labor Economics P
Wahlmöglichkeiten innerhalb des Moduls (Options within the module):
Keine
Empfohlene Voraussetzungen (prerequisites):

​Grundzüge der Volkswirtschaftslehre. Furthermore, a basic knowledge of econometrics (the linear regression model as e.g. covered in W2474 Introduction to Econometrics (Bachelor) is helpful.​

Inhalte (short description):

The labor market is an important part of everyone's life. In this course, we explore the ideas economists use to understand how labor markets work. We focus on the main theoretical models as well as on the empirical evidence. In addition, we study the role of labor market institutions and public policy in affecting wage and employment.

Course outline (tentative)

​Labor supply

Labor demand

Labor market equilibrium

Compensating wage differentials

Education and training

Wage structure

Labor mobility

Labor market discrimination

Labor market institutions

Labor market policy

Course meetings (lectures and tutorials) take place regularly during the lecture period. The module concludes with a written exam in the designated phase after the lecture period.

Lernergebnisse (learning outcomes):
Fachkompetenz Wissen (professional expertise):
Studierende...
  • ​know basic facts about (the German and international) labor markets
  • have a good understanding the main theories and empirical approaches in the area of labor economics
    • Fachkompetenz Fertigkeit (practical professional and academic skills):
    Studierende...
  • ​can evaluate critical assumptions of theoretical models in the area of labor economics
  • learn to confront theoretical predictions with empirical evidence
  • are able to understand and critically evaluate original journal articles
    • Personale Kompetenz / Sozial (individual competences / social skills):
    Studierende...
  • ​actively participate in classroom discussions
  • learn to use scientific arguments to defend, critique, or refine their own points of view, in particular pertaining to the topic of labor markets and labor market policy.
    • Personale Kompetenz / Selbstständigkeit (individual competences / ability to perform autonomously):
    Studierende...
  • ​use ex ante preparation and ex post processing of course material
  • can relate concepts covered in the course to real-world applications and current challenges in the labor market.
    • Prüfungsleistungen (examinations)
    Art der Modulprüfung (type of modul examination): Modulabschlussprüfung
    Art der Prüfung
    (type of examination)    		 Umfang
    (extent)    		 Gewichtung
    (weighting)
    a) Klausur 90 100.00 %
    Studienleistung / qualifizierte Teilnahme (module participation requirements)
    Nein
    Voraussetzungen für die Teilnahme an Prüfungen (formal requirements for participating in examinations)
    Keine
    Voraussetzungen für die Vergabe von Credits (formal requirements for granting credit points)
    Die Vergabe der Credits erfolgt, wenn die Modulnote mindestens „ausreichend“ ist
    Gewichtung für Gesamtnote (calculation of overall grade)
    Das Modul wird mit der doppelten Anzahl seiner Credits gewichtet (Faktor: 2)
    Verwendung des Moduls in den Studiengängen (The module can be selected in the following degree programmes)
    B.Sc. International Business Studies, B.Sc. Wirtschaftsinformatik, B.Sc. Wirtschaftswissenschaften
    Umfang QT (participation requirements):
    Lernmaterialien, Literaturangaben (learning material, literature):
    Main textbooks:
    George J. Borjas, Labor Economics (McGraw-Hill, 9th edition 2024)
    Tito Boeri and Jan van Ours, The Economics of Imperfect Labor Markets (Princeton University Press, 3rd edition 2021)
    Ronald G. Ehrenberg, Robert S. Smith and Kevin F. Hallock, Modern Labor Economics - Theory and Public Policy (Routledge, 14th edition 2022)
    In addition, the course will be based on original journal articles. The list of references will be provided in class.
    Teilnehmerbegrenzung (participant limit):
    Keine
    Sonstige Hinweise (additional information):

    The course is taught in English.

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