Teaching Methodologies
The teaching methodologies are student-centered, placing them at the center of the learning process and stimulating the development of
solutions to complex problems. Students will be encouraged to investigate, analyze and reflect on relevant challenges.
To achieve these objectives, the following methods will be used:
Expository method – presentation and analysis of concepts and theoretical approaches;
Active methods: Students will be involved in practical activities such as research exercises and presentations and group work, which
promote the practical application of the concepts learned.
The analysis and discussion of specific practical cases: will help contextualize theory in real practice, fostering critical reflection and the
practical application of knowledge.
Participation and reflection: students will be encouraged to participate actively and reflect critically on the topics covered individually and in
groups, promoting deeper and more integrated learning.
These methodologies aim to ensure that students not only understand theoretical concepts, but are also able to apply them in a practical
way.
Learning Results
This course provides a theoretical and practical understanding of economic phenomena linked to the labor market and the social economy.
It prepares students to analyze data, apply models and discuss relevant issues critically.
Students will be able to:
LO1) Identify and analyze national and European labour market phenomena, such as employment, unemployment and wage inequalities.
LO2) Apply theoretical models on labor supply and demand, human capital and wages, understanding their impact on the labor market and
the social economy.
LO3) Analyze contemporary issues such as unemployment and informality, using data and models to assess their causes and
consequences.
LO4) Carry out research and data analysis on the labor market and the social economy, focusing on economic indicators and public
policies.
LO5) Understand future trends and challenges in the labor market and social economy, and their implications for employment and social
justice.
Program
Fundamentals of the Labor Market
1.1 Concepts, importance and variables: employment, unemployment and wage inequalities
2. Relevant economic theories
2.1 Supply and demand models, human capital, wages and productivity
3. Analysis of labor market phenomena
3.1 Employment/unemployment rates, wage inequalities and the impact of economic and social policies
4. statistics and economic indicators
4.1 Data sources, interpretation of statistics and policy analysis
5. Unemployment, Informality and Policies
5.1 Causes, consequences and public interventions
6. Social Economy and its Impact
6.1 Concepts and importance of the social economy
6.2 Types of social economy organizations (NGOs, cooperatives, etc.) and their impact on the labour market and social inclusion
7. Future trends and challenges
7.1 Emerging economic and political changes
7.2 Trends in the labor market and social economy
7.3 Preparing for future challenges and opportunities
Internship(s)
NAO
Bibliography
Becker, G. S., & Murphy, K. M. (2020). The economics of human capital in the 21st century. The Quarterly Journal of Economics, 135(4),
2161-2202.
Borjas, G. (2010). Labour Economics, Boston (5th Editions). McGraw-Hill International
Hickman, B. C., & Beaudry, P. (2021). Labour economics: Theory and practice. Cambridge University Press.
Katz, L. F., & Autor, D. H. (Eds.). (2022). The economics of labor and employment. Oxford University Press.
Machin, S., & Manning, A. (2019). Labour economics (2nd ed.). Oxford University Press.
Pissarides, C. A. (2021). The labor market in the new economy: Trends and challenges. Economic Policy, 36(102), 483-510.