Labor Economics

Knowledge:

You should know

• basic mechanisms of the labour market, in particular how unemployment and wage and productivity differences can arise as equilibrium phenomena
• the building blocks for studying the relationship between the micro and the macro sides of the economy
• key elements of empirical work that aim at evaluating and quantify the mechanisms of the models

Skills:

You should be able to

• use analytical models of behaviour and interactions in the labour market as tools to analyse the mechanisms that determine outcomes in the labour market, the performance of labour markets
• analyse policy questions related to labour markets

Competence:

You should

• be able to read and understand project reports and journal articles that make use of the concepts and methods that are introduced in the course
• be able to make use of the course content in your own academic work, for example in analyses that are part of the master’s thesis

• Basic undergraduate microeconomics and macroeconomics. 
• The course develops basic issues and notions from both microeconomics and macroeconomics. Important micro building blocks are the theory of the firm, information economics and the theory of consumer behavior, hereunder labor supply.

• ECON1100, or equivalent.
• ECON2220, or equivalent.
• ECON3150 / ECON4150, or equivalent.

Students admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in Studentweb.

Students not admitted to the Master’s programme in Economics or the Master’s programme in Economic Theory and Econometrics (Samfunnsøkonomisk analyse), can apply for admission to one of our study programmes, or apply for guest student status.

Lectures and seminars.

Compulsory tuition activities:

• A compulsory term paper.
• A compulsory oral presentation.

The assignment deadline will be specified in Canvas. If you submit your answer to the assignment, but do not pass, you may get another attempt. The new attempt will have a short deadline.

When the compulsory tuition activities are approved, the result will be registered. The approved compulsory term paper is valid for 9 semesters, starting with the semester in which it is passed.

See The Faculty of Social Sciences` rules regarding compulsory tuition activities.

Candidates who have passed the course before autumn 2016 and wish to re-take the exam need to get the compulsory tuition activitiesapproved before they can re-take the exam.

Absence from compulsory tuition activities

If you are ill or have another valid reason for being absent from compulsory tuition activities, your absence may be approved or the compulsory activity may be postponed.

• Report absence from or the need for a postponed deadline on a compulsory tuition activity

Access to teaching

A student who has completed compulsory instruction and coursework and has had these approved, is not entitled to repeat that instruction and coursework. A student who has been admitted to a course, but who has not completed compulsory instruction and coursework or had these approved, is entitled to repeat that instruction and coursework, depending on available capacity.

Course responsible can at the beginning of the semester update the syllabus list by changing no more than three articles, though in a way that it will not change the overall scope or thematic content of the course.

The syllabus also includes any lecture notes that will be made available for the students in Canvas.

The examination will be a 3-hour written school exam.

You must have passed the compulsory activities in order to sit for the exam.

Previous exams and examiner guidelines

Exam papers with comments from examiner

If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.

See also our information about resitting an exam.

Students who wish to retake the exam in a later semester are not guaranteed that the course will be given with the same content and syllabus, or that the examination scheme will be the same.