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EC3527: LABOUR MARKET ECONOMICS (2021-2022)

Last modified: 31 May 2022 13:05


Course Overview

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, wage taxes and subsidies, and competing models of the labour market will be explored. The course will also introduce students to personnel economics and key ideas in the economics of incentives, such as remuneration schemes, and the structure of labour contracts.

Course Details

Study Type Undergraduate Level 3
Session Second Sub Session Credit Points 30 credits (15 ECTS credits)
Campus Aberdeen Sustained Study No
Co-ordinators
  • Dr Heather Dickey
  • Dr John Skatun

Qualification Prerequisites

  • Either Programme Level 3 or Programme Level 4

What courses & programmes must have been taken before this course?

What other courses must be taken with this course?

None.

What courses cannot be taken with this course?

  • EC3507 Labour Market Economics (Studied)
  • EC3525 Labour Market Economics (Studied)

Are there a limited number of places available?

No

Course Description

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, wage taxes and subsidies, and competing models of the labour market will be explored. The course will also introduce students to personnel economics and key ideas in the economics of incentives, such as remuneration schemes, and the structure of labour contracts.


Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

More Information about Week Numbers


Details, including assessments, may be subject to change until 31 August 2023 for 1st half-session courses and 22 December 2023 for 2nd half-session courses.

Summative Assessments

Alternative Assessment

2 x 1500-word essays (50% each)

Alternative Resit Assessment

2 x 1500-word essays (50% each)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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