Education and Labour Economics in a Digital World

Full course description

In education and at work people acquire the skills that they need to proceed at school and are valuable for them throughout their career. In this course we discuss, based on economics of education and economic theories of labour and skill formation what determines these decisions,how they affect individual development and productivity, and how they provide the flexibility that is needed to cope with the ongoing changes in the labour market. Such theories include human capital theory, school choice, supply and demand in the labor market and theories of technical change.. We also discuss how the relevant skills can be measured, how such measures can inform policy but also how the limitations of such measures affect decision about skill formation. Topics that are covered include inequality in the labour market, life long learning, gender wage gaps, non-cognitive skills, school choice and technological change.