Last modified: 23 Jul 2024 10:43
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.
Study Type | Undergraduate | Level | 3 |
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Term | Second Term | Credit Points | 30 credits (15 ECTS credits) |
Campus | Aberdeen | Sustained Study | No |
Co-ordinators |
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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.
Information on contact teaching time is available from the course guide.
Assessment Type | Summative | Weighting | 80 | |
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Assessment Weeks | Feedback Weeks | |||
Feedback |
3-hour exam |
Knowledge Level | Thinking Skill | Outcome |
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Assessment Type | Summative | Weighting | 20 | |
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Assessment Weeks | Feedback Weeks | |||
Feedback |
Knowledge Level | Thinking Skill | Outcome |
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There are no assessments for this course.
Assessment Type | Summative | Weighting | 100 | |
---|---|---|---|---|
Assessment Weeks | Feedback Weeks | |||
Feedback |
3-hour Exam |
Knowledge Level | Thinking Skill | Outcome |
---|---|---|
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Knowledge Level | Thinking Skill | Outcome |
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Factual | Remember | ILO’s for this course are available in the course guide. |
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