Modern Labour Markets: Theory and Policy - ECON2107

Faculty: UNSW Business School

School: School of Economics

Course Outline: ECON2107 Course Outline

Campus: Sydney

Career: Undergraduate

Units of Credit: 6

EFTSL: 0.12500 (more info)

Indicative Contact Hours per Week: 3

Enrolment Requirements:

Prerequisites: ECON 1101 and (ECON1203 or ECON2292 or MATH1041 or MATH2801 or MATH2841 or MATH2901)

CSS Contribution Charge: 3 (more info)

Tuition Fee: See Tuition Fee Schedule

Further Information: See Class Timetable

View course information for previous years.


The course delivers general theoretical and practical knowledge of labour markets and policy issues related to labour markets. The topics include labour supply and labour demand, theories and practice of wage determination, wage structures and wage differentials, labour productivity, labour mobility, labour market discrimination, and the role of government and unions in labour markets. The course also addresses macro-institutional outcomes, including labour force participation and evolution and change in labour markets. While drawing on the international literature and trends in international labour markets, the course places special emphasis on Australian labour market attributes and examples. Students will acquire theoretical and practical tools to understand and analyse various labour markets phenomena.
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