Labour Economics

Undergraduate | 2026

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Area/Catalogue
ECON 3001
Course ID icon
Course ID
200330
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course level icon
Course level
3
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Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
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University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes
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Note:
Course data is interim and subject to change

Course overview

This course deepens the critical thinking and mathematical reasoning of economics as used in modelling and empirically examining the labour market. It describes key features of the labour market, develops and uses theoretical models of the functioning of the labour market, investigates the impact of public policy on the labour market, and evaluates domestic and international empirical evaluations of labour market changes. Topics typically include the supply of labour and accumulation of human capital; demand for labour in competitive and non-competitive markets; labour unions; the determination of equilibrium wages; wage discrimination; policies such as minimum wage laws, welfare reform, and trade.

Course learning outcomes

  • Demonstrate a sound understanding of the core concepts and tools of Labour Economics and Policy
  • Apply economic concepts and reasoning to critically analyse labour market phenomena and contemporary academic literature
  • Develop an understanding of the future role work and jobs play in evolving social and economic environments
  • Communicate knowledge and understanding of labour market and related social issues using written, verbal and visual expression
  • Interpret labour market statistics and the statistical outputs in academic papers, policy reports, and broader economic and social commentary

Prerequisite(s)

N/A

Corequisite(s)

N/A

Antirequisite(s)

N/A