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| Module Availability |
Autumn
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| Assessment Pattern |
| Unit(s) of Assessment |
Weighting Towards Module
Mark (%)
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| 2 hour Examination |
70
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| Coursework |
30
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Qualifying Condition(s)
A weighted aggregated mark of 40% is required to pass the module |
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| Module Overview |
| This module is concerned with some of most interesting issues on the current economic policy agenda, for example, the effects of minimum wages, the impact of immigration, the causes of unemployment and the persistence of discrimination. It contains both theoretical and empirical components and will include the interpretation of econometric analysis. The first part of the course will introduce labour demand, labour supply and the human capital model, with appropriate applications. This will be followed with contemporary topics in the labour economics literature which will include various aspects of wage determination |
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| Prerequisites/Co-requisites |
| None |
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| Module Aims |
| This module aims to provide students with the microeconomic tools needed to examine a range of labour market issues. It also introdues some of the modern empirical techniques that have been applied to study the operation of labour markets in the UK and other developed countries, as well as providing the relevant information so that students can analsyse the publised empirical findings from a critical perspective |
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| Learning Outcomes |
By the end of the module students will be able to:-
- apply standard economic principles to the analysis of labour market behaviour
- describe the main features of, and trends in, the UK labour market
- interpret relevant labour market data and empirical findings
Recommend appropriate policy responses for different labour market problems
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| Module Content |
The following is a list of selected topics:-
- labour supply and demand
- labour market equilibrium and non-perfectly competitive firms
- unemployment
- education and training
- trade unions
- wage inequality and executive pay
- labour mobility and immigration
- labour market discrimination
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| Methods of Teaching/Learning |
| Lectures (11) |
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| Selected Texts/Journals |
| Borjas, G. J. (2010), Labor Economics, 5th edition, McGraw-Hill |
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| Last Updated |
10 March 2011 |
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