Labor Economics

This course explores the functioning of labor markets through the lens of economic theory and evidence. At its core, labor economics analyzes the exchange of labor services for wages—an interaction that underpins a broad range of economic and social phenomena. The course begins by building a conceptual framework to understand the behavior of workers and firms in labor markets. We then apply this framework to selected topics such as wage determination, labor supply and demand, human capital, unemployment, and labor market policies. Alongside theoretical models, we will engage with empirical studies to understand how economic tools are used to interpret and evaluate labor market outcomes.

The primary objective of this course is to introduce students to the fundamental concepts and analytical tools used in labor economics. Students will learn how to apply economic reasoning to understand labor market behavior and to interpret key patterns and outcomes. By the end of the course, they will be equipped to critically engage with empirical research and policy debates related to labor markets, developing both the intuition and the formal tools necessary to formulate and evaluate arguments in this area.

In presenza

The course combines traditional lectures with applied and interactive learning. Lectures introduce key theoretical frameworks and concepts, supported by real-world examples and data. Students engage with selected empirical research articles to understand how economic models are used to interpret labor market outcomes and to critically assess their explanatory power. Problem sets provide hands-on practice with analytical tools and reinforce core concepts. Class discussions offer opportunities to reflect on and debate contemporary labor market issues, encouraging students to apply economic reasoning in practical contexts. 

Assessment is based on a written exam, which accounts for 70% of the final grade, and in-class participation and assignments, which together make up the remaining 30%.