This course provides a theoretical and empirical discussion of labour markets. Main topics to be discussed are: labour supply, including determinants of labour market participation and hours of works; investments in human capital and returns to education; labour demand; labour market equilibrium and wage determination; discrimination in the labour makets; internal labour markets; trade unions, and macroeconomic issues related to wages and unemployment. Policy application questions will be covered whenever appropriate.

Students who successfully complete this course will:

• apply economic analysis to a wide range of labour market issues;
• be exposed to the emipirical analysis of contemporary issues in labour economics;
• be able to examine a number of important policy issues.

• A mandatory but redemptive mid semester exam - 40%
• 2 hour final exam - 60%

An optional redemeptive essay (2000 words) can be arranged for students who are interested in which case assessment will be based on the following:

• Essay OR Two Home Assignments - 20%
• Mid Semester Examination - e0%
• Final Exam - 60%

Two 1-hour lectures and one tutorial per week.

Completion of or concurrent enrolment in ECON2101/2111 Microeconomics 2 (P or H).

 Incompatible with ECON 2059 Labour Economics & Industrial Relations (H)

Please refer to Course Website