University of Liege | Version française
Study programmes 2012-2013Last update : 18/06/2013
ECON0016-2  Labour Economics

Duration :  30h Th, 15h Pr
Number of credits :  
Master degree in Economics, in-depth approach, 1st year5
Master degree in Economics, didactic approach, 1st year5
Master degree in Economical Sciences, Professional Focus in Economic Policies and Analysis, 1st year5
Master degree in Economics, professional focus in Economics and Finance, 1st year5
Master degree in Economics, professional focus in Economic Analysis and Public Governance, 1st year5
Master degree in Economics, professional focus in Economic Analysis and Public Governance, 2nd year5
Master degree in Economics5
Lecturer :  Sergio Perelman
Language(s) of instruction :  
French language
Organisation and examination :  
Teaching in the first semester, review in January
Course contents :  
The course will be organized in five sections: 1) Labour supply; 2) Human capital investment; 3) Labour demand; 4) Internal markets and 5) Miscellaneous: unions, labour conditions, job search models, discrimination.
Learning outcomes of the course :  
To give the student a complete view of the main economic theories that allow the understanding of the supply and demand behaviour in labour markets.
Prerequisites and co-requisites/ Recommended optional programme components :  
Basic microeconomics
Planned learning activities and teaching methods :  
Analytical study of the Labour force survey (LFS) results.
Mode of delivery (face-to-face ; distance-learning) :  
The course is organized during the first semester into theoretical (2:00 hours) and problem resolution (1:30 hours) sessions each week. Theoretical issues are mainly presented with the help of graphs. Labour supply and demand modesl are studied analytically and used as background for exercises.
Recommended or required readings :  
The main reference is "The Economics of Work and Pay", Hamermesh D. S. and A. Rees, Harper Collins, 5th edition, 1993. The course is completed with some theoretical notes and an exercise brochure.

Rcommended reading:
Cahuc, P. and A. Zylberberg, "Le chômage, fatalité ou nécessité ?, Flammarion, 2004.
Assessment methods and criteria :  
The final writing examination includes theoretical questions and problems covering all the material of the course. A mid-term examination is proposed, but participation is voluntary.
Work placement(s) :  
Organizational remarks :  
Contacts :  
Professor: Sergio PERELMAN Building B31, Office I.45 Phone 04 3663098 E-mail sergio.perelman@ulg.ac.be
Teaching assistant: Jérôme Schoenmaeckers Building B31, Phone 04 3663125 E-mail: Jerome.Schoenmaeckers@ulg.ac.be(Jerome.Schoenmaeckers@ulg.ac.be)


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