Estonian Aviation Academy
Estonian Aviation Academy
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Curriculum subjectLabour Economics and Labour Market
| Subject |
| Subject code |
AM.076 |
| Subject name |
Labour Economics and Labour Market |
| Credit points |
2 ECTS |
| Grading method |
Non-differentiated assessment |
| Subject program |
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| Curriculum subject |
| Curriculum |
2019 AM |
| Study year |
2 |
| Semester |
Spring semester |
| Subject type |
Mandatory |
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Subject loads
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| Lecture |
26 |
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| Goal of subject |
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To enable students gain (a better) insight into labor market institution and functions alongside and in conjunction with the optimization (right-sizing) of production processes.
Being run in the workshop format, the students learn to implement the theoretical aspects studied into solving certain, practical case studies in order to get some overt experience. |
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| Learning outcomes of the subject |
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By the end of this course, the students will have acquired:
1. a clarified perception of correlations between labor (market) and capital, viewed from the perspective of corporate cost structure, with the aim of finding feasible opportunities for their optimization;
2. essential knowledge needed to assess the labor market situation, in conformity with the different phases of the economic cycle;
3. obtained an overview of the types of unemployment, and of labor market policies |
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| Subject course description |
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COURSE REQUIREMENTS: Students taking this course are requested to attend and participate in all classes. Should they by any substantial reason be unable to attend a class, they shall contact the course instructor(s) to negotiate over a make-up assignment
GRADING PROCEDURE: This ia a pass/no-pass course. The students can earn their positive results by participating in classes and completing their individual assignments (assigned in the classes).
Topics to be covered:
Class of:
Week 1: Induction phase & The actors in the labor market;
Week 2: Production process; principles of cost optimization
Week 3: Stages of production process
Week 4: Description of a production process (1st half)
Week 5: Description of a production process (2nd half)
Week 6: Effective and non-effective movements in a job (working in groups)
Week 7: Basics of negotiation (practical assignment)
Week 8: Types of remuneration; basics of salary negotiation
Week 9: Salary negotiations (working in groups)
Week 10: Labor market policies and indices; dynamics of labor market in Estonia
Week 11: Comparison of countries (based on their labor market index)
Week 12: Comparison of countries (based on their labor market index)
Week 13: Comparison of countries (based on their labor market index)
Week 14: Tour of the ALeCoq Brewery in Tartu. THE COURSE WRAPS UP. |
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| Replacement Subjects |
| MT.C.076
Labour Economics and Labour Market |
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| Current rounds |
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| Labour Economics and Labour Market AM-18 ATS-18 |
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