Labour Economics III

Undergraduate | 2026

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Area/Catalogue
ECON 3027
Course ID icon
Course ID
206004
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.
No
University-wide elective icon
University-wide elective course
No
Single course enrollment
Single course enrolment
No
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Note:
Course data is interim and subject to change

Course overview

This course is designed to introduce students to economic models of the labour market, both theoretical and empirical. Illustrations from current policy debates can be used. After completing this course, students will be able to describe key features of the labour market, analyse models of the labour market in order to make predictions concerning the impact of public policy recommendations, and evaluate existing data relating to these predictions. Topics may 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 principles 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 enviroments
  • Communicate their knowledge and understanding of labour market and related social issues using written, verbal and visual expression
  • Critically evaluate government policies affecting work and jobs
  • 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