Monash University Handbook 2010 Postgraduate - Unit

Synopsis

The composition of the Australian workforce, the interpretation of labour market statistics, problems of unemployment, supply of and demand for labour and the operation of labour markets, including the influence of institutions such as trade unions, and the problem of disadvantage in the labour market. The role of labour market policies and wages policy.

Objectives

The learning goals associated with this unit are to:

• understand the operation of labour markets by drawing on basic economic principles
• think critically about the implications of labour market activity for society
• recognise that both economic and ethical issues are involved in labour market activities through a consideration of issues such as unemployment and labour market disadvantage
• apply analytical skills developed through an analysis of continuing change in Australian labour markets and labour market policy.

Assessment

Within semester assessment: 50%
Examination (3 hours): 50%

Contact hours

3 hours per week