Labour Economics
| Code | School | Level | Credits | Semesters |
| ECON2009 | Economics | 2 | 10 | Autumn UK |
- Code
- ECON2009
- School
- Economics
- Level
- 2
- Credits
- 10
- Semesters
- Autumn UK
Summary
This module provides an introduction to the economics of the labour market. We will look at some basic theories of how labour markets work and examine evidence to see how well these theories explain the facts. Particular attention will be given to the relationship between the theory, empirical evidence and government policy. The module will refer especially to the UK labour market, but reference will also be made to other developed economies.
Target Students
Available for Year 2 Undergraduate students on Economics degree programmes studying ECON2001 Microeconomic Theory or ECON2017 Principles of Microeconomics. Available to Year 2 Undergraduate students on the BA Jt Hons Politics and Economics and BSc Jt Hons Maths and Economics degrees. Also available for Economics exchange students.
Co-requisites
Modules you must take in the same academic year, or have taken in a previous year, to enrol in this module:
Classes
This module is delivered through a series of lectures and seminars.
Assessment
- 100% Exam 1 (2-hour): Exam
Assessed by end of autumn semester
Educational Aims
The module aims:To provide an introduction to theories of economic behaviour in the labour market.To summarise and explain the empirical evidence on these theories.To provide a description of the UK labour market and an analysis of recent policy in the light of this theory and evidence.The module aims to enable the participants to develop: understanding of the economic principles behind the operation of the labour market and recent developments in the UK labour market.Learning Outcomes
On completion of the module students should be able to:
- Demonstrate an understanding of the economic principles behind the operation of the labour market.
- Describe and explain relevant empirical evidence on the operation of the labour market.
- Demonstrate an understanding of recent developments in the UK labour market.
- Critically evaluate the effectiveness of actual and proposed government policy towards the labour market.
Learning outcomes are such that students will be able to:
Knowledge and Understanding:
A2 Apply core economic theory and economic reasoning to applied topics.
A6 Extensive knowledge and skills in specific specialisms in economics.
Intellectual Skills:
B1 Work with abstract concepts and in a context of generality.
Professional/Practical Skill:
C1 Discuss and analyse government policy.
Transferable/Key Skills:
D2 Communicate effectively and clearly in written and oral formats.