Labour Market Economics (12210.1)
Please note these are the 2027 details for this unit
| Available teaching periods | Delivery mode | Location |
|---|---|---|
| View teaching periods | Online self-paced On-campus |
Bruce, Canberra |
| EFTSL | Credit points | Faculty |
| 0.125 | 3 | Faculty Of Business, Government & Law |
| Discipline | Study level | HECS Bands |
| Canberra School Of Government | Level 2 - Undergraduate Intermediate Unit | Band 2 2021 (Commenced Before 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan 2021) Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905) |
This unit provides an in-depth understanding of how labour markets function, exploring how workers and employers interact to determine wages, employment, and working conditions. Students will examine key economic models, including labour supply and demand, human capital theory, and job search models, to analyse labour market behaviour. Moreover, you will explore how economic theory and empirical evidence inform the design of real-world labour policies, including minimum wage laws, unemployment insurance, and anti-discrimination measures. By the end of the unit, students will develop the skills to apply economic reasoning to labour market issues, critically assess labour policies, and understand the broader economic and social implications of labour market outcomes in both Australian and global contexts.
1. Interpret labour market statistics utilising key concepts and models of labour economics;
2. Critically analyse labour market phenomena with reference to empirical evidence and real-world developments;
3. Evaluate the effect of government policies and emerging challenges on labour markets; and
4. Apply and communicate knowledge of labour market issues through writing, oral or visual presentation.
1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - apply their knowledge to working with Indigenous Australians in socially just ways
Learning outcomes
After successful completion of this unit, students will be able to:1. Interpret labour market statistics utilising key concepts and models of labour economics;
2. Critically analyse labour market phenomena with reference to empirical evidence and real-world developments;
3. Evaluate the effect of government policies and emerging challenges on labour markets; and
4. Apply and communicate knowledge of labour market issues through writing, oral or visual presentation.
Graduate attributes
1. UC graduates are professional - communicate effectively1. UC graduates are professional - display initiative and drive, and use their organisation skills to plan and manage their workload
1. UC graduates are professional - employ up-to-date and relevant knowledge and skills
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
1. UC graduates are professional - work collaboratively as part of a team, negotiate, and resolve conflict
2. UC graduates are global citizens - adopt an informed and balanced approach across professional and international boundaries
2. UC graduates are global citizens - behave ethically and sustainably in their professional and personal lives
2. UC graduates are global citizens - communicate effectively in diverse cultural and social settings
2. UC graduates are global citizens - make creative use of technology in their learning and professional lives
2. UC graduates are global citizens - think globally about issues in their profession
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
4. UC graduates are able to demonstrate Aboriginal and Torres Strait Islander ways of knowing, being and doing - apply their knowledge to working with Indigenous Australians in socially just ways
Prerequisites
11175 Introduction to EconomicsCorequisites
None.Incompatible units
None.Equivalent units
11225 Industries and MarketsAssumed knowledge
None.
Availability for enrolment in 2027 is subject to change and may not be confirmed until closer to the teaching start date.
| Year | Location | Teaching period | Teaching start date | Delivery mode | Unit convener |
|---|---|---|---|---|---|
| 2026 | Bruce, Canberra | Semester 2 | 10 August 2026 | Online self-paced | Dr Raymond Li |
| 2026 | Bruce, Canberra | Semester 2 | 10 August 2026 | On-campus | Dr Raymond Li |
| 2027 | Bruce, Canberra | Semester 2 | 09 August 2027 | Online self-paced | Dr Raymond Li |
| 2027 | Bruce, Canberra | Semester 2 | 09 August 2027 | On-campus | Dr Raymond Li |
The information provided should be used as a guide only. Timetables may not be finalised until week 2 of the teaching period and are subject to change. Search for the unit
timetable.
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