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Unit of study_

Economics of the Labour Market - ECON6009

The purpose of this unit is to study some of the major issues in modern labour markets. Trends such as the increase in part-time work, the growing inequality in income and earnings, changes in the returns to education, and the simultaneous increase in hours of work and unemployment are addressed. The material consists of both empirical facts relating to the labour markets and the theories which are used to understand these facts. Part of the unit is devoted to the study of wage and employment contracts in the presence of uncertainty and other information problems. Imperfect information will have implications for the level of employment and unemployment, the structure of wages, and the use of particular forms of compensation such as bonuses, trust funds, and performance bonds.

Classes
1x3hr seminar/week

Assessment
take-home assignments equivalent to 1000wds 20%), 1x1.5hr mid-semester test (30%), 1x2hr final exam (50%),

Pre-requisites

ECON6001 or ECON6002

Details

Faculty: Arts and Social Sciences

Semester 1

25 Feb 2019

Department/School: Economics
Study Mode: Normal (lecture/lab/tutorial) day
Census Date: 31 Mar 2019
Unit of study level: Postgraduate
Credit points: 6.0
EFTSL: 0.125
Available for study abroad and exchange: Yes
Faculty/department permission required? No
Location
Camperdown
Courses that offer this unit

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