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; inverstments 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

In addiiton to the outcomes from taking the pass lectures and tutorials, graduate students will:

• be introducted to basic theoretical models in the labour economics literature;
• be exposed to published articles in the academic literature;
• have the ability to formally analyse policy related issues in labour economics.

A mandatory but redemptive mid semester exam -40%

2 hour final exam - 60%

An optional redemptive 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 -30%

Final exam- 60%

8-10 hours per week

At least an average of 65% (or equivalent) in the final two years of an Australian undergraduate degree with introductory level courses in Economics, Statistics and Econometrics

Students are expected to have solid preparation in microeconomics and calculus and an introductory course in statistics and regression analysis.

Please see Course Website