Mr A J Seltzer 316-102 Introductory Microeconomics. Second semester Two 1-hour lectures and One 1-hour tutorial per week. Upon completion of this subject students should be able to:

• define critical determinants in the creation and development of labour markets;
• describe and analyse factors affecting work, labour relations and organisation, and their impact;
• demonstrate an understanding of labour market theories by applying a range of such theories to historical problems;
• conduct research using primary sources of information.

This subject introduces students to the operation of labour markets. Topics include cross-country comparisons of the development and operation of labour allocation within modern corporations (internal and segmented labour markets); education and on-the-job training; incentive employment contracts; market versus award wage determination; gender and discrimination in employment and wages; rise and decline of unionism; legislation concerning minimum wages and unionisation; trends in employment and unemployment; immigration, demographic change and labour supply. Comparisons will be made between Australia, the United States, Europe and Japan. The subject also trains students in research methodology, including the writing of an original research essay and techniques of primary data collection and interpretation. One research project not exceeding 2,500 words (50 per cent), a 2-hour examination (30 per cent) and tutorial participation and article summaries not exceeding 1,500 words in total (20 per cent).