Course Co-ordinator: Dr H Dickey

Pre-requisite(s): EC 2003.

Note(s): The course runs every two years, starting in 2013/14. This course will not be available in 2012/13.

The course aims to develop an understanding of the level and structure of wages and employment in advanced industrial nations. Distinguishing the nature and determinants of the supply of and demand for labour, the course analyses the behaviour of labour markets and offers explanations of the major outcomes. Current policy issues such as the impact of welfare benefits on labour supply, the minimum wage, and competing models of the labour market will be explored. The institutional and regulatory framework within which labour markets operate will be discussed and attention will be given to the analysis of wage structure, particularly wage differentials, labour market flexibility and unemployment.

3 one-hour lecture per week (Tue, Wed, Thur at 11), 1 one-hour tutorial every week (staring from teaching week 3, 8 hours in total).

1st Attempt: 1 three-hour examination (80%), and in-course assessment (20%).

The in-course assessment will consist of an essay, no more than 3,000 words in length.

Resit: 1 three-hour examination (80%), and in-course assessment (20%) marks carried forward. ?Previous coursework will be taken into account unless doing so would cause a student who passed the resit exam to fail the course overall, in which case the overall mark will be CAS 9.