{"id":8677,"date":"2025-07-15T22:21:09","date_gmt":"2025-07-15T19:21:09","guid":{"rendered":"https:\/\/www.econ.uoa.gr\/course\/eco452-%ce%bf%ce%b9%ce%ba%ce%bf%ce%bd%ce%bf%ce%bc%ce%b9%ce%ba%ce%ae-%cf%84%ce%b7%cf%82-%ce%b5%cf%81%ce%b3%ce%b1%cf%83%ce%af%ce%b1%cf%82\/"},"modified":"2026-04-17T14:31:21","modified_gmt":"2026-04-17T11:31:21","slug":"eco452-labour-economics","status":"publish","type":"course","link":"https:\/\/www.econ.uoa.gr\/en\/course\/eco452-labour-economics\/","title":{"rendered":"ECO452 - Labour Economics - 7th semester"},"content":{"rendered":"<p><strong>\u039f\u03b9\u03ba\u03bf\u03bd\u03bf\u03bc\u03b9\u03ba\u03ae \u03c4\u03b7\u03c2 \u0395\u03c1\u03b3\u03b1\u03c3\u03af\u03b1\u03c2<\/strong><\/p>\n<p>\u039a\u03c9\u03b4\u03b9\u03ba\u03cc\u03c2: ECO452<br \/>\nSemester: 7th<br \/>\n\u0394\u03b9\u03b4\u03ac\u03c3\u03ba\u03bf\u03bd\u03c4\u03b5\u03c2: \u0395\u03c5\u03b1\u03b3\u03b3\u03b5\u03bb\u03af\u03b1 \u03a0\u03b1\u03c0\u03b1\u03c0\u03ad\u03c4\u03c1\u03bf\u03c5<\/p>\n<p><strong>Content<\/strong><\/p>\n<p><strong>Purpose and Content:<\/strong> The Political Economy of Labour studies how labour markets work using the mechanisms of Microeconomic theory.<\/p>\n<p>Key issues discussed:<\/p>\n<ul>\n<li>Labour demand and supply<\/li>\n<li>Labour unions and effects on wages and employment<\/li>\n<li>Investment in human capital<\/li>\n<li>Discrimination and pay differentials<\/li>\n<li>Minimum wage, long-term labour supply<\/li>\n<li>Neoclassical labour demand model<\/li>\n<li>Flexibility, non-wage costs, training<\/li>\n<li>Human capital: theories, wages, education<\/li>\n<li>Labour discrimination and policies to combat it<\/li>\n<li>Trade unionism, participation and disputes<\/li>\n<li>Compensation, benefits, contracts, internal market<\/li>\n<li>Wage efficiency theory<\/li>\n<li>Mobility, unemployment, forms and politics<\/li>\n<\/ul>\n<p><strong>Grading:<\/strong> The final assessment is based on the exam. Optional work and exercises may contribute up to 10% extra.<\/p>\n<p><strong>Teaching aids<\/strong><\/p>\n<p>George Borjas (2016), The Economics of Labour, 2nd Edition, Critique Publications.<\/p>","protected":false},"parent":0,"template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":""},"course-type":[77,70],"semester":[84],"class_list":{"0":"post-8677","1":"course","2":"type-course","3":"status-publish","5":"course-type-77","6":"course-type-70","7":"semester-84"},"acf":[],"_links":{"self":[{"href":"https:\/\/www.econ.uoa.gr\/en\/wp-json\/wp\/v2\/course\/8677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.econ.uoa.gr\/en\/wp-json\/wp\/v2\/course"}],"about":[{"href":"https:\/\/www.econ.uoa.gr\/en\/wp-json\/wp\/v2\/types\/course"}],"wp:attachment":[{"href":"https:\/\/www.econ.uoa.gr\/en\/wp-json\/wp\/v2\/media?parent=8677"}],"wp:term":[{"taxonomy":"course-type","embeddable":true,"href":"https:\/\/www.econ.uoa.gr\/en\/wp-json\/wp\/v2\/course-type?post=8677"},{"taxonomy":"semester","embeddable":true,"href":"https:\/\/www.econ.uoa.gr\/en\/wp-json\/wp\/v2\/semester?post=8677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}