Undergraduate - UnitECG2141 - Economics of labour markets

This unit entry is for students who completed this unit in 2014 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.

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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.

Level	Undergraduate
Faculty	Faculty of Business and Economics
Organisational Unit	Department of Economics
Offered	Gippsland First semester 2014 (Day) Gippsland First semester 2014 (Off-campus)
Coordinator(s)	Dr Svetlana Maslyuk

Synopsis

Topics include the supply of and the demand for labour, education and training, the operation of labour markets, including the role of institutions in the labour market, wage relativities, disadvantaged groups in the labour market, and the role of trade unions. Also included is a study of the macroeconomic implications of wage changes and a consideration of wages policy. Special attention is given to the current labour market conditions.

Outcomes

The learning goals associated with this unit are to:

understand the operation of labour markets by drawing on basic economic principle
think critically about the implications of labour market activity for society
recognise the issues 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 the labour market and labour market policy
demonstrate in individual summative assessment tasks the acquisition of a comprehensive understanding of the topics covered in this unit.