Buy ECON 2107
Modern Labour Markets: Theory and Policy Assignments
Students are introduced to the conceptual and practical knowledge relating to labor markets and their policies. Topics covered include bias in the labour market, pay differentials and wage structures, demand and supply of labour, labour productivity, theoretical and practical determination of wages, labour mobility, and the significance of governmental and union involvement in labour markets.
Also addressed are the macro-institutional effects, such as participation of the labour force and growth and development within labour markets. Though it uses global literature and patterns in discussing international labour markets, this course focuses mostly on labour market features and case-studies in Australia. Students shall gain both practical and theoretical and practical experience necessary in analysing diverse labour market phenomenon.
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