Labour economics

Goal

This course encompasses the efficiency of the labor market through the analysis of the relationship between labour supply and demand, taking into account contemporary trends. It is essential to study labour supply and demand, taxes and transfers related to the labour market, wage formation policy and negotiation among economic-social partners, the method of minimum wage formation in the Republic of Croatia (RH) and the EU as well as its impact on the economy, labour mobility (internal and external), the educational structure of the labour force (and the working-age population), inequalities in the labour market, employment and unemployment, and the prerequisites for achieving full employment.

Additional info

1. Contemporary labour market: labour supply and labour demand.
2. Demographic trends and the labour Market: natural and mechanical movement of the population; educational structure of the population.
3. Types, causes, and consequences of unemployment on the contemporary economy.
4. Labour productivity and the issue of wage levels. Minimum wage and its impact on the economy.
5. Contemporary challenges of the labour market and prerequisites for achieving full employment.

There are no listed course associates.
Lectures: 15
Seminars: 15
Exercises: 0
  1. To differentiate fundamental labour market concepts and to identify cause-and-effect relationships between economic growth and development, labour productivity, and changes in the labour market.
  2. To analyse demographic trends and to explain their impact on the labour market.
  3. To examine and compare measures and policies aimed at increasing employment in Croatia and the European Union.
  4. To categorise the types and causes of employment and unemployment, taking into account contemporary labour market challenges.
Merlin e-learning system
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