Department of Economics & International Development, Unit Catalogue 2007/08 |
EC30017 Economics of work |
| Credits: 6 |
| Level: Honours |
| Semester: 1 |
| Assessment: EX 100% |
| Requisites: |
| Before taking this unit you must take EC20010 and take EC20011 |
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Aims: The aim of this unit is to provide a sustained application and extension of predominantly intermediate microeconomic theory to the labour market. The approach emphasises a critical understanding of the theory.
Learning Outcomes: Learning outcomes are that students should gain a critical appreciation of the impact of market forces, institutions and regulations within labour markets. The general desirability of government intervention of various types into this vital area of the economy is a key question students should be able to tackle by the end of the course unit. Skills: Using deductive reasoning in abstract models Applying theory to specific contexts and empirical material Synthesising relevant material and debates. Content: Labour is the most important single factor of production and the analytical and empirical study of the labour market constitute the content of this course. Topics covered will include: labour supply and demand; labour exchange; the employment relationship; labour market divisions; and labour in the market system. Key text: Jacobsen and Skillman, Labour Markets and Employment Relationships (2004) Blackwell |