KTTS3510 Labour Economics and Public Policy (5 cr)

The goal is to understand the factors influencing the functioning of labor markets and their outcomes for both the individual and society. The lecture course focuses on the aspects of economic policy, emphasizing key questions in labor market research. These include the effects of minimum wages, unemployment benefits, and job protection on labor market functioning, as well as labor market polarization. The course enhances understanding of labor market dynamics, which is useful in decision-making and strategic planning. It also helps develop abilities to analyze and evaluate economic policy decisions, important in both public and private sector roles. The course particularly supports the following UN Sustainable Development Goals:

8. Decent Work and Economic Growth

10. Reduced Inequality.

Content Competence. Upon completing the course, the student will

-Understand the functioning of labor markets

-Be able to assess the connections between labor markets and economic policy

Workplace and Meta Skills. The course supports the student's

-Critical, analytical, and systematic thinking

-Ability to learn and assimilate new information, self-direction, and initiative

-Development of expertise and active agency

KTTA3510 Työmarkkinat 

For the contact teaching course, the specified materials and a selection of health economics articles are required.