316-307 Labour Economics

316-202 Intermediate Microeconomics; and either 316-205 Introductory Econometrics, or 316-206 Quantitative Methods 2.

This subject examines how labour markets function, the market where employers and workers interact. Topics include labour supply, labour demand, wage determination, education and training, compensating wage differentials, unions and collective bargaining, labour market discrimination, earnings inequality, unemployment and analysis of current labour market policy issues. Data and empirical studies from Australia and other countries will be used to illustrate theoretical work.

• High level of development: written communication; application of theory to practice; interpretation and analysis; critical thinking; synthesis of data and other information; evaluation of data and other information.

• Moderate level of development: oral communication; collaborative learning; problem solving; team work; statistical reasoning;accessing data and other information from a range of sources; receptiveness to alternative ideas.

• Some level of development: use of computer software.

A 2-hour end-of-semester examination (70%) and assignments not exceeding 30 pages (30%).