This unit of study surveys contemporary research in labour economics. The field of labour economics is very broad, dealing with fundamental issues ranging from resource allocation to distributional equity and social welfare. The subject matter covers the determinants of wages, employment and unemployment; insurance and incentive mechanisms; and the behavioural effects and welfare impacts of institutions and public policies. In this unit students will have the opportunity to analyse theoretical models and their empirical applications.
2x 1500wd Assignments (25%), 1x 1hr (1000wd equivalent) Mid-semester test (25%), 1x 2hr (2000wd equivalent) Final exam (50%)