ECON7001 - Economics of Labour

Term 1



Aims:

  • To provide, within the constraints of a half course unit, a survey of theoretical and empirical aspects of modern labour economics
  • To provide applications, in the context of labour markets, of analytical concepts and empirical techniques taught in the core courses of the BSc Economics degree (and joint degrees)

Objectives:

After completing the module students should be able to:

  • Describe some of the main characteristics of, and recent developments in, labour markets of OECD-type economies
  • Apply basic optimisation techniques to solve stylised problems relating to labour markets
  • Critically evaluate empirical findings relating to major research areas such as labour supply, employers’ adjustments to changing demand, returns to education, unemployment, etc.
Taught by:
Donald Verry
Assessment: There are 10 2-hour lectures. Each student also has 4 compulsory tutorial classes, run as structured discussions, and is required to submit 2 essays. Assessment is by final unseen 2-hour examination in Term 3. Affiliate students leaving in December will take a 2-hour written examination set up by the Department at the end of Term 1.
Suitable for:
2nd / 3rd year Economics (L100), 3rd year Econ/Stats (LG13) and Phil/Econ (VL51) students.
Prerequisites: ECON1001: Economics and ECON 1002: Applied Economics (or equivalents).
Moodle page:
ECON7001