Labour Market Economics (9543.1)

Please note these are the 2017 details for this unit
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Labour Market Economics
Available teaching periods Delivery mode Location
View teaching periods
EFTSL Credit points Faculty
0.125 3 Faculty Of Business, Government & Law
Discipline Study level HECS Bands
Canberra School Of Politics, Economics And Society Level 3 - Undergraduate Advanced Unit Band 4 2021 (Commenced After 1 Jan 2021)
Band 4 2021 (Commenced After 1 Jan Social Work_Exclude 0905)
Band 5 2021 (Commenced Before 1 Jan 2021)
This unit will teach students how workers and firms make decisions in the labour market. The unit will also teach students how the government can alter the economic opportunities available to both workers and firms by changing the "rules of the game" through social policies, thus influencing the decisions of these two players. At the end of the unit, students should be able to use the tools learned in the unit to understand, analyse, and predict some of the labour market outcomes and examine the different ways social policy can affect the interaction between workers and firms.

Learning outcomes

On successful completion of this unit, students will be able to:
1. Demonstrate an understanding of basic labour economics theory, including labour market structures and wage determination;

2. Apply their understanding of theoretical models to analyse trends in data pertaining to topics in labour economics;
3. Apply their understanding of theoretical models to case studies presenting in the unit;
4. Construct, defend, and analyse important labour policy issues; and
5. Comprehend, assess, and criticize existing empirical work in labour economics.


Graduate attributes

1. UC graduates are professional - communicate effectively
1. UC graduates are professional - use creativity, critical thinking, analysis and research skills to solve theoretical and real-world problems
3. UC graduates are lifelong learners - adapt to complexity, ambiguity and change by being flexible and keen to engage with new ideas
3. UC graduates are lifelong learners - reflect on their own practice, updating and adapting their knowledge and skills for continual professional and academic development


Skills development

As students of the University students will develop qualities in critical thinking, curiosity and reflective practice. They will use foresight, initiative and leadership, and be open to alternative perspectives. As graduates, they will continue to learn and thrive in environments of complexity, ambiguity and change.



Prerequisites

9518 Foundations of Microeconomics OR 9519 Foundations of Macroeconomics OR 6355 Introduction to Economics

Corequisites

None.

Incompatible units

NONE.

Equivalent units

NO.

Assumed knowledge

None.
Year Location Teaching period Teaching start date Delivery mode Unit convener
Not available

Required texts

The required readings for this unit are the powerpoint slides and scripted comments below them, accompanied by ECHOlinks to the face to face lecture recordings for 6385 S2_2014.

Additional free online material that may be of use to students of this unit have been provided for each topic in the Timetabling of Activities section.

Submission of assessment items

Extensions & Late submissions

Answers to the problem sets and the current policy commentary must be submitted online via the specifically created repository on the Moodle site (under the relevant banners for Week 2, Week 4, week 5 and Week 6).

The first page of the essay submission should include the following information:

  • Student Name:
  • Student ID:
  • Assessment Name:
  • Word Count:

Students must apply academic integrity in their learning and research activities at UC. This includes submitting authentic and original work for assessments and properly acknowledging any sources used.

Academic integrity involves the ethical, honest and responsible use, creation and sharing of information. It is critical to the quality of higher education. Our academic integrity values are honesty, trust, fairness, respect, responsibility and courage.

UC students have to complete the Academic Integrity Module annually to learn about academic integrity and to understand the consequences of academic integrity breaches (or academic misconduct).

UC uses various strategies and systems, including detection software, to identify potential breaches of academic integrity. Suspected breaches may be investigated, and action can be taken when misconduct is found to have occurred.

Information is provided in the Academic Integrity Policy, Academic Integrity Procedure, and University of Canberra (Student Conduct) Rules 2023. For further advice, visit Study Skills.

Learner engagement

This is a 3 credit point unit and the total notional workload is about 150 hours. Most of that time will involved reading the powerpoint slides and their scripted comments (below the slides proper), listening to the ECHOLINK recordings of the corresponding Face to Face unit (6385 HR Economics), reading the various additional online sources provided in section 3 and preparing for the assessment items discussed in section 5.

Participation requirements

All three problem sets and the current policy commentary have to be submitted in order to sit the final examination.

Otherwise, a NC (Fail, incomplete) mark will be issued.

Required IT skills

Students should:

  • Have the ability to download and save files and documents to a computer.
  • Have the ability to upload files on the unit website. 
  • Have the ability to open Microsoft files and documents (.doc, .ppt, .xls, etc.). 
  • Have the ability to draw graphs using microsoft office or be able to scan documents and upload. 

Work placement, internships or practicums

None