Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

FacultyFaculty of Business and Economics
OfferedNot offered in 2012
Coordinator(s)Ms Svetlana Maslyuk


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.


The learning goals associated with this unit are to:

  1. understand the operation of labour markets by drawing on basic economic principles
  2. think critically about the implications of labour market activity for society
  3. 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
  4. apply analytical skills developed through an analysis of continuing change in Australian labour markets and labour market policy.


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

Contact hours

3 hours per week