Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 198)
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Year 3 Economics.
Credit points: 12.5
Coordinator: To be advised.
Prerequisite: 316-201 Intermediate Macro-economics and 316-202 Intermediate Micro-economics.
Contact: Two 1-hour lectures and a 1-hour tutorial a week.
Timetable: Second semester
Objectives:
On completion of this subject students should be able to:
- describe the distinctive aspects of the economic approach to the study of labour markets;
- describe the main institutional features and key developments in labour markets in Australia;
- judge the usefulness and the limitations of existing theory for understanding labour markets;
- appreciate the manner in which economic theory can be applied to understand behaviour in labour markets and to assist in evaluating contemporary policy debates;
- extend their knowledge of labour economics through independent study of theory and policy issues in this area.
Content:
Topics related to work and pay; how labour markets function. Topics include labour supply, labour demand, wage determination, trade unions, unemployment and analysis of current policy issues. Wherever possible examples and empirical studies from Australia will be used to illustrate theoretical work.
Assessment:
A 2-hour examination (80 per cent) plus class assignments totalling approximately 2,000 words (20 per cent).
Prescribed texts:
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Handbook 1996 : Faculty of Economics and Commerce (Volume 3 page 198)
Status: Official 1996 Date created: Oct 9 1995 Last modified: Oct 9 1995 Authorised by: Academic Registrar Email enquiries: Course_Information@registrar.unimelb.edu.au
Maintained by: Dept. of Economics, Faculty of Economics and Commerce.
Copyright © University of Melbourne 1995,1996.