Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


At the end of the course, students will be familiar with

  • Basic facts about: educational attainment of the workforce, labor market differences between demographic groups, technological change and trends in globalization (trade, migration)
  • Main theories for understanding
    • educational choices
    • differences in labor market outcomes between demographic groups
    • how technology and globalization affect the labor market
  • Examples of empirical work investigating these theories

Credits: 6

Schedule: 20.04.2021 - 01.06.2021

Teacher in charge (valid 01.08.2020-31.07.2022):

Teacher in charge (applies in this implementation):

Contact information for the course (applies in this implementation):

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):



  • Valid 01.08.2020-31.07.2022:

    The course gives an overview of modern theoretical and empirical approaches used in labor economics to understand educational choices, labor market inequalities between demographic groups, and the effect of technological change and globalization on the labor market. It will also discuss minimum wages.

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    There will be four graded problem sets and a final exam. The problem sets count one third (33%), the exam two thirds (67%) towards the final grade. To pass the course, students should pass both the problem sets and the exam.


Study Material
  • Valid 01.08.2020-31.07.2022:

    Articles assigned at the course and selected chapters from book “Labor Economics” by Cahuc/Carcillo/Zylberberg (2014, Second edition) or alternatively Cahuc/Zylberberg (2004).

Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    31E00710 Topics in Labor Economics

  • Valid 01.08.2020-31.07.2022:

    Students should be comfortable with intermediate microeconomics and with basic concepts covered in Empirical Methods for Economists (31C01200 Taloustieteen empiiriset menetelmät or 30C00200 Econometrics or 30C00500 Ekonometria, or Capstone course 31C99904 Econometrics and Data Analysis). We also recommend Microeconometrics I (31E00910) and Labor Economics I.