Course content

The course includes analyses of the functioning of the labour market in a modern society and how the adjustment in the labour market affects important economic factors. Within the course both the effects of different economic policy and optimal labour market policy are discussed. The course consists of both theoretical analyses and central results from empirical analyses regarding the important factors in the labour market.

Learning outcome

The students should establish an understanding of the functioning of the labour market in a modern society and how this affects important economic factors. The students should have a good understanding of theoretical models for the adjustment in the labour market and central results from empirical analyses.

Learning methods and activities

4 hours of lectures every week. One compulsory term paper. The course can be taught in English when there are English-speaking students who meet the recommended previous knowledge.
The course is an optional master's course, and it is not taught every semester. Check www.ntnu.no/econ/english/info.

Compulsory assignments

• One approved term paper.

Recommended previous knowledge

Compulsory courses in Master’s degree in Economics.

Required previous knowledge

None.

Credit reductions