156-0525/01 – Labour Market Economics B (LME B)
Gurantor department | Department of Applied Economics | Credits | 6 |
Subject guarantor | prof. Ing. Jaromír Gottvald, CSc. | Subject version guarantor | prof. Ing. Jaromír Gottvald, CSc. |
Study level | undergraduate or graduate | Requirement | Compulsory |
Year | 1 | Semester | summer |
| | Study language | English |
Year of introduction | 2017/2018 | Year of cancellation | 2020/2021 |
Intended for the faculties | EKF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
- to define and clarify the issues referring to unemployment and state interventions on the labour market
- to explain the relation between unemployment and other aspects such as minimum wage, real wage and labour market equlibrium
- to distinguish classical, neoclassical and other theories of unemployment
- to analyse basic tendencies on the EU labour markets
- to show development of the European Union with emphasis to the labour markets
Teaching methods
Lectures
Tutorials
Other activities
Summary
The course provides especially the exact knowledge of unemployment and government´s interventions in the labour market. The subject explains the relation between the unemployment and other important economic phenomenons such as minimum wage, real wage, economic equilibrium. Theory is based on the classical, neoclassical approach but also on other theories. The course provides the knowledge of the European Union labour markets, too. Development of the EU integration process since the eighties and basic development tendencies in the labour market.
Compulsory literature:
LAYARD, Richard, Stephen NICKELL a Richard JACKMAN. Unemployment: Macroeconomic Performance and the Labour Market. 2. ed. New York: Oxford University Press, 2005. ISBN 0-19-927917-9.
Recommended literature:
Way of continuous check of knowledge in the course of semester
E-learning
Other requirements
Presentation of projects results in groups.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. What drives the unemployment equilibrium?
2. Causes of the unemployment variations, demand and supply shocks
3. Trade unions and wage collective bargaining
4. Relation between real wages and unemployment
5. The impact of prices, taxes and productivity on the unemployment
6. The impact of people behaviour while looking for the job on the unemployment
7. Why do some groups of people face the higher risk of unemployment?
8. Why do some groups of people face the higher risk of unemployment
9. Migration and mobility of labour force
10. Minimum wage, wage determinants in the labour market
11. Factors of labour market development in the Czech Republic
12. Process of solving the supply and demand mismatch in the labour market and status of
13. National employment plan
14. Anticipated development in the Czech labour market and possibilities of employment policy
15. Panorama of the European labour markets I.
16. Panorama of the European labour markets II
17. Long terms sectoral employment trends and structural changes in the European labour markets
18. Education (level, structure, duality) and employment in EU, position of youth on labour markets
19. Labour market performance gaps between European regions
20. Flexibility, quality and job protection in European Employment Strategy systems
21. Key determinants of effective functioning of labour market
22. European Employment Strategy – pillars and guidelines, EU labour market reforms
23. Employment Guidelines – main tasks and horizontal objectives
24. National action plans, Commission recommendations, Employment Taskforce and their implementation
25. Denmark - Impact evaluation of the European Employment Strategy
26. Ireland - Impact evaluation of the European Employment Strategy
27. UK - Impact evaluation of the European Employment Strategy
28. Spain - Impact evaluation of the European Employment Strategy
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
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