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
- 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
Availability
Class details
Adelaide City Campus East
Class number 28726
Section FR01
Size 18
Available 18
Class number 28727
Section WS01
Size 18
Available 18
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