Authorised by Academic Registrar, April 1996
Objectives Students will develop a broad understanding of the economic environment within which industrial relations and human resource management functions take place. Analytical skills are emphasised through examination of factors which determine wage levels, employment and unemployment. Basic skills in the interpretation of data will be gained from a study of labour markets statistics. The practical application of the study of labour markets is emphasised through an understanding of labour market and wage policy measures.
Synopsis The subject considers 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 is also examined in the Australian context.
Assessment Assignment one (1500 words): 20% + Assignment two (2000 words): 30% + Examination: 3 hours (50% )