units

ECG2141

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Undergraduate - Unit

This unit entry is for students who completed this unit in 2015 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.

LevelUndergraduate
FacultyFaculty of Business and Economics
Organisational UnitDepartment of Economics
OfferedGippsland First semester 2015 (Day)
Gippsland First semester 2015 (Off-campus)
Coordinator(s)Dr Ernesto Valenzuela

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:

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

Assessment

Within semester assessment: 40%
Examination: 60%

Workload requirements

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

See also Unit timetable information

Chief examiner(s)

Dr Ernesto Valenzuela

Prerequisites

Students must have passed ECW1101 or ECG1101 before undertaking this unit.

Prohibitions

ECG9170, ECS2141, ECW2141