Special Issues of Work Economics

Degree Program: Social Administration (8th semester – elective)

Degree Program: Political Science (8th semester – elective)

Teaching hours: 3 per week

Course Tutor: Ioannidis Alexis, Assistant Professor

CV: http://www.socadm.duth.gr/staff/faculty/Ioannidis.shtml

E-mail: aioann@socadm.duth.gr

Description and Aims:

The ‘Topics in Labour Economics’ aim to help students deepen into the concepts of the scientific field of Labour Economics and to better understand the functioning of the labour market and the role of the participants in it.

The analysis is performed both at the micro and macro level. Connection is also made with the theoretical and empirical findings of the labour markets analysis, with the implementation of social policy and employment policy in particular. The theoretical and empirical approach to these issues is not performed in the one-dimensional view of a single economic theory, but through comparative presentation of different economic theories related to the labour market.

Finally, students have the opportunity to deepen into specific but important aspects of the labour market such as the issue of discrimination, the issue of wage inequality, the role of education and the evolution of working time.


• The neoclassical approach to labour supply.

• Alternative approaches for the participation in the labour force, working time and work intensity.

• Demand for labour. Neoclassical approach. Other approaches. Specific issues (minimum wage, etc.).

• Macroeconomic effects of the labour market. Unemployment, inflation. Alternative forms of remuneration and efficiency. The trade unions.

• Labour market: alternative theories.

• The government and labour markets.

• Wage determination. Remuneration of labour. The neoclassical approach. The Marxist approach. The role of unions. Other approaches.

Learning Outcomes:

Upon completion of the course students should be able to understood in depth the basic theories of the labour market and the differences between them. They should also be aware of the econometric tools and methods used in the analysis of the labour market. Finally, they should be able to give a written assignment analyzing individual theoretical or empirical labor market issues.


One written assignment and its public presentation (100%).



  • Ιωαννίδης, Α., 2009. Ο Αινιγματικός Χρόνος της Μισθωτής Εργασίας. Αθήνα: Εκδόσεις Παπαζήση.
  • Borjas G., 2000. Labor economics Boston etc: McGraw-Hill. [In Greek: Borjas, G., 2003. Τα Οικονομικά της Εργασίας. Αθήνα: Εκδόσεις Κριτική].
  • Lecture notes and additional bibliography given by the lecturer.


  • Βενιέρης, Δ. & Παπαθεοδώρου, Χ., (εκδότες) 2003. Η Κοινωνική Πολιτική στην Ελλάδα, Προκλήσεις και Προοπτικές. Αθήνα: Εκδόσεις Ελληνικά Γράμματα.
  • Δεδουσόπουλος, Α., 1998. Πολιτική Οικονομία της Αγοράς Εργασίας, Η Προσφορά Εργασίας. Αθήνα: Τυπωθήτω, Γ. Δαρδανός.
  • Δεδουσόπουλος, Α., 2004. Η Κρίση στην Αγορά Εργασίας, Θεωρίες της Ανεργίας. Αθήνα: Τυπωθήτω, Γ. Δαρδανός.
  • Ehrenberg, R. & Smith, R., 1991. Modern Labor Economics: Theory and Public Policy. New York: Harper Collins College Publishers.
  • Fine, B., 1998. Labour Market Theory: A Constructive Reassessment. London: Routledge.
  • Hamermesh, D. & Rees, A., 1993. The Economics of Work and Pay. New York: Harper Collins College Publishers.