Course Description
This course provides an introduction to the economic analysis of behaviour and institutions of the labor market. The lectures and textbooks will develop an application of economic analysis to the behaviour of, and relationship between, employers and employees. The course will focus both on the theories that have been developed to understand the functioning of the labor market, and on the analysis and evaluation of public policies. The latter will therefore involve examining how to distinguish alternative theories empirically.

Tema 1. Introduction and Overview of the Labor Market
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 1.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 1 i 2.

Tema 2. Labor Supply
2.1. Changes in Labor Supply.
2.2. Theory of Choice of Hours of Work.
2.3. Labor Supply over the Life-Cycle.
2.4. Labor Supply and the Family.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 2 i 3.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 6 i 7.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 2.

Tema 3. Labor Demand and Labor Market Equilibrum
3.1. Short-run and Long-run Labor Demand.
3.2. Dynamic Labor Demand.
3.3. Labor Market Equilibrum.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 4 i 5.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 3 i 4.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 4 i 5.

Tema 4. Wage Determination
4.1. Investment in Education.
4.1.1. Human Capital Theory.
4.1.2. Signalling Theory.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 7.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 9.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 3.
4.2. Compensating Wage Differentials.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 6.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 8.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 10.
4.3. Efficiency Wage Theories.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 12.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 11.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 9.

Tema 5. Employment Discrimination
5.1. Evidence of Gender Discrimination.
5.2. Theories of Discrimination.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 10.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 12.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 14.

Tema 6. Unemployment
6.1. Frictional Unemployment.
6.2. Structural Unemployment.
6.3. Demand-Deficient or Cyclical Unemployment.
6.3.1. Implicit Contract Theory.
6.3.2. Efficiency Wage Theories.
6.3.3. Insider-Outside Theory.
6.4. Hysteresis.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 13.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 15.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 8.

Tema 7. Unions
7.1. The Bargaining Process.
7.2. The Effects of Unions.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 11.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 13.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 12 i 13.

Tema 8. Globalization and the Labor Market
8.1. Immigration.
8.2. International Trade.
Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008. Cap. 5 i 9.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006. Cap. 4 i 10.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996. Cap. 7.

Student Presentations

Bibliografia
BORJAS, G. Labor Economics. McGraw-Hill, 2008.
EHRENBERG, R.; SMITH, R. Modern Labor Economics: Theory and Public Policy. Boston: Addison-Wesley, 2006.
FILER, R.; HAMERMESH, D.; REES, A. The Economics of Work and Pay. Nova York: Harper-Collins, 1996.

Evaluation
The final grade will have three components: a final exam (50%), problem sets to be assigned in class (30%) and a class presentation (20%).