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 concept and theories of labor economics in topics such as labor demand, labor supply, job search, job loss and unemployment, and labor market policies.
  • Examples of empirical work investigating these theories

Credits: 6

Schedule: 01.03.2022 - 12.04.2022

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Kristiina Huttunen, Juuso Mäkinen

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

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English


  • valid for whole curriculum period:

    This course provides an overview of the modern theoretical and empirical approaches that economists use to analyze the labor markets. We will emphasize the interplay between theory and empirics and cover topics such as labor supply, labor demand, job search, job loss, unemployment and labor market policies.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Spring 2021

    There will be four graded problem sets and a final exam. Half of the final grade (50%)  will be based on the performance in these problem sets and the final exam will account for the other half (50%). To pass the cou


Study Material
  • valid for whole curriculum period:

    Articles  assigned at the course. Selected chapters from book Labor Economics either by Cahuc/Carcillo/Zylberberg (2014, Second edition) or alternatively Cahuc/Zylbergerg (2004).

Substitutes for Courses


Further Information
  • valid for whole curriculum period:

    Teaching Period:

    IV Spring (2021-2022), Otaniemi campus

    Course Homepage:

    Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu ( instead of WebOodi.