Labour Economics

Course code ECON3300Units 10Level 3000Faculty of Business and LawNewcastle Business School

Contemporary policy issues relating to the operation of the Australian labour market are analysed by reference to the most recent theoretical and empirical research. Students are assisted to independently access, analyse and synthesise appropriate resources and material, and opportunities are provided to write formal reports and essays and to defend their arguments in open discussion. Critical thinking, analysis and communication skills identified in the graduate profile become a major focus.

Not available in 2014

Previously offered in 2011, 2010, 2009, 2008, 2007, 2005
ObjectivesAt the conclusion of this course, students should be able to:
1. Access and analyse Australian Bureau of Statistics and other data pertinent to labour market issues;
2. Demonstrate a deep understanding of contemporary labour market issues;
3. Critically assess the extant literature
4. Demonstrate the capacity to work independently;
5. Exhibit strong report writing skills.
6. Integrate and synthesise material to produce a cogent argument supporting a particular point of view.
ContentThe course aims to keep abreast of contemporary issues in labour market research and policy analysis. The mix of topics will reflect this. Topics may include, but are not limited to :
1. Employment, Unemployment and Underutilisation definitions and measurement.
2. Unemployment and Employment Theory.
3. Structural/Cyclical Imbalances: Skill shortages and over-education.
4. Full Employment Policy: Welfare to work and job guarantee.
5. The Ageing Labour Force.
6. Minimum Wages, Wage Differentials and Executive Pay.
7. Wage Inequality.
Replacing Course(s)Not applicable
TransitionNot applicable
Industrial Experience0
Assumed KnowledgeECON2300 or ECON2500 and ECON2510
Modes of DeliveryInternal Mode
Teaching MethodsLecture
Assessment Items
Essays / Written AssignmentsEssays
Examination: FormalFinal examination
Group/tutorial participation and contributionTutorial work
Contact HoursTutorial: for 1 hour(s) per Week for 12 weeks
Lecture: for 2 hour(s) per Week for Full Term