Labour Economics (ECON90013)

Graduate courseworkPoints: 12.5On Campus (Parkville)

You’re viewing the 2019 Handbook:
Or view archived Handbooks
You’re currently viewing the 2019 version of this subject

Overview

Availability
Semester 2
FeesLook up fees

This is an advanced subject in labour economics. Topics to be covered will include: Overview of labour market outcomes in Australia; Labour supply (including labour force participation, hours of work, and the effects of public policy); Labour demand; Human capital; Labour market discrimination; Unemployment; Wage determination; Earnings distributions; Impact of unions. Other topics may include labour market flows (including the analysis of quits and layoffs), immigration, and employment structures within firms. In each topic relevant theory and empirical research (especially relevant Australian studies) will be examined.

Intended learning outcomes

On successful completion of this subject students should be able to:



  • Describe the fundamental features of a labour market, its operation, and role in the economy;
  • Apply relevant microeconomic and macroeconomic theory to explain the main potential determinants of labour market outcomes;
  • Critically evaluate empirical evidence on the operation of labour markets, and on the main determinants of labour market outcomes;
  • Formulate simple theoretical models of the operation of the labour market, and design strategies for empirically testing theories.

Generic skills

On successful completion of this subject, students should have improved the following generic skills:

  • Evaluation of ideas, views and evidence
  • Synthesis of ideas, views and evidence
  • Critical thinking
  • Application of theory to economic policy and business decision-making
  • Summarise and interpretation of information
  • Statistical reasoning
  • Problem solving skills
  • Oral communication
  • Written communication

Last updated: 3 November 2022

Eligibility and requirements

Prerequisites

One of the following 2 subjects:

Code Name Teaching period Credit Points
ECON40001 Advanced Microeconomics
Semester 1 (On Campus - Parkville)
 12.5
ECON90002 Microeconomics
Semester 1 (On Campus - Parkville)
 12.5

Plus one of the following subjects:

Code Name Teaching period Credit Points
ECOM40006 Econometrics 3
Semester 1 (On Campus - Parkville)
 12.5
ECOM90013 Econometrics 3
Semester 1 (On Campus - Parkville)
 12.5

Corequisites

None

Non-allowed subjects

ECON40008 Labour Economics

Code Name Teaching period Credit Points
ECON40008 Labour Economics
Semester 2 (On Campus - Parkville)
 12.5

Inherent requirements (core participation requirements)

The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.

Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home

Last updated: 3 November 2022

Assessment

Additional details

  • 2-hour end of semester examination (70%);
  • 2000 word individual essay due in week 12 (10%);
  • A 15 minute individual in class presentation (individual), individually allocated time from week 3 to week 11 (5%); and
  • Three group completed problem sets no more than 6 pages each due in weeks 5, 8 and 11) (15%)

Note: Successful completion of this subject requires a pass (50%) in the final exam.

Last updated: 3 November 2022

Dates & times

  • Semester 2
    Principal coordinatorLawrence Uren
    Mode of deliveryOn Campus (Parkville)
    Contact hours170 hours
    Total time commitment170 hours
    Teaching period29 July 2019 to 27 October 2019
    Last self-enrol date 9 August 2019
    Census date31 August 2019
    Last date to withdraw without fail27 September 2019
    Assessment period ends22 November 2019

Time commitment details

Estimated total time commitment of 170 hours per semester

Last updated: 3 November 2022

Further information

  • Texts

    Prescribed texts

    You will be advised of prescribed texts by your lecturer.

  • Subject notes

    Students may not gain credit for both ECON90013 Labour Economics and ECON40008 Labour Economics.

  • Related Handbook entries

    This subject contributes to the following:

    TypeName
    CourseMaster of Economics
  • Available through the Community Access Program

    About the Community Access Program (CAP)

    This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.

    Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants

    Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.

  • Available to Study Abroad and/or Study Exchange Students

    This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.

Last updated: 3 November 2022