Course date

2 July - 12 July, 1996
Application deadline
15 February, 1996
Course Director(s): 

John Earle

Central European University, Budapest, Hungary
Course Faculty: 

Alexander Dyck

Harvard University, Cambridge, USA

Robert Flanagan

Stanford University, USA

Saul Estrin

London Business School, University of London, UK
This two-week course will consist of 4 modules, each invoilving approximately 15 contact hours:
 
Principles of applied microeconomic analysis. 
Factor demand and labor supply, factor price determination. Concepts of measurment of labor activity, unemployment and their relation to other aggregate indicators. Initial consultations on the draft research project. Curriculum development in microeconomics and labor market analysis for universities in transition.
 
Firms and workers in transitional economies.
Role of trade unions, the educational system, and other labor marker institutions. Research methods, including data collection, for analyzing issues in transition economies. Second draft of research project due at the end of the week.
 
Labor Market policies, including unemployment benefits, welfare policy, retraining programs, wage subsidies, employment legislation, minimum wages, old-age pensions, wage ceilings, regulation of collective bargaining, etc. Policy design considering social impact as well as effects on economic efficiency. Further consultations on research project.
 
Special topics in the reallocation of human resources in transition economies.
Guest lectures. Examinations. Presentation of research projects by participants.