- Code ECON8041
- Unit Value 6 units
This course provides a theoretical and empirical discussion of labour markets. Main topics to be discussed are: labour supply, including determinants of labour market participation and hours of works; investments in human capital and returns to education; labour demand; labour market equilibrium and wage determination; discrimination in the labour markets; internal labour markets; trade unions, and macroeconomic issues related to wages and unemployment. Policy application questions will be covered whenever appropriate
Upon successful completion, students will have the knowledge and skills to:
- be introduced to basic theoretical models in the labour economics literature;
- be exposed to published articles in the academic literature;
- have the ability to formally analyse policy related issues in labour economics.
A mandatory mid semester exam - 40%
3-3.5 hour final exam - 60%
Two home assignments - 20%
A mandatory mid semester examination - 30%
3-3.5 hour final exam - 60%
In response to COVID-19: Please note that Semester 2 Class Summary information (available under the classes tab) is as up to date as possible. Changes to Class Summaries not captured by this publication will be available to enrolled students via Wattle.
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8-10 hours per week
Requisite and Incompatibility
Students are advised to have basic preparation in statistics and econometrics. In particular, students are suggested to have some skills in regression analysis and general understanding of binary choice models as well as of the maximum likelihood estimation method at the level of the undergraduate statistics/econometrics class.
Tuition fees are for the academic year indicated at the top of the page.
If you are a domestic graduate coursework or international student you will be required to pay tuition fees. Tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
- Student Contribution Band:
- Unit value:
- 6 units
If you are an undergraduate student and have been offered a Commonwealth supported place, your fees are set by the Australian Government for each course. At ANU 1 EFTSL is 48 units (normally 8 x 6-unit courses). You can find your student contribution amount for each course at Fees. Where there is a unit range displayed for this course, not all unit options below may be available.
Offerings, Dates and Class Summary Links
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.