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Clayton First semester 2007 (Day)
Contrasting theoretical models of the labour market, with emphasis on the neo-classical model, wage efficiency model and internal labour markets; analysis of the role of trade unions in the labour market; theory of discrimination in the labour market; contrasting theoretical views of the Phillips curve; application of this analysis to a discussion of issues with an emphasis on contemporary issues such as labour market flexibility, discrimination and unemployment.
Essay (3500 words): 35%
Examination (2 hours): 65%
Three contact hours per week
ECC2000 and ECC2010 or equivalent