This course involves on campus teaching. For students unable to come to campus there will be a remote option. See the Class Summary for more details.
This course provides advanced discussion of theoretical and empirical models of labour markets. The topics to be covered are: labour supply, including determinants of labour market participation and hours of works; labour demand; labour market equilibrium and wage determination; compensating wage differentials; investments in human capital and returns to education; earnings distribution; labour mobility; labour market discrimination; role of unions; incentive pay; and unemployment. In each topic, relevant theory and empirical research will be examined.
Learning Outcomes
Upon successful completion, students will have the knowledge and skills to:
- describe the fundamental features of labour markets;
- apply relevant microeconomic and macroeconomic theory to analyse a wide range of labour market issues;
- critically evaluate assumptions and limitations of theoretical labour market models;
- critically evaluate empirical techniques used in the analysis of labour market data;
- effectively communicate the evaluation of research papers in writing and/or orally.
Other Information
Indicative Assessment
- Assessment may consist of a Final Exam, mid-semester exam(s), quizzes, assignments, oral presentations or some combination thereof. See the Class Summary for details. (100) [LO 1,2,3,4,5]
The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.
Workload
130 hours in total over the semester consisting of lectures, tutorials/workshops and private study time.
Inherent Requirements
Not applicable
Requisite and Incompatibility
Prescribed Texts
See Class Summary
Assumed Knowledge
Students are advised to have basic preparation in statistics and econometrics. In particular, students are suggested to have some skills in regression analysis at the level of the undergraduate statistics/econometrics class.
Fees
Tuition fees are for the academic year indicated at the top of the page.
Commonwealth Support (CSP) Students
If you 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). More information about your student contribution amount for each course at Fees.
- Student Contribution Band:
- 34
- Unit value:
- 6 units
If you are a domestic graduate coursework student with a Domestic Tuition Fee (DTF) place or international student you will be required to pay course tuition fees (see below). Course tuition fees are indexed annually. Further information for domestic and international students about tuition and other fees can be found at Fees.
Where there is a unit range displayed for this course, not all unit options below may be available.
| Units | EFTSL |
|---|---|
| 6.00 | 0.12500 |
Course fees
- Domestic fee paying students
| Year | Fee | Description |
|---|---|---|
| 2024 | $4680 | Standard Rate |
| 2024 | $3720 |
Grandfathered Rate*
*continuing students in nominated programs only. See fee website |
- International fee paying students
| Year | Fee |
|---|---|
| 2024 | $6000 |
Offerings, Dates and Class Summary Links
ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.
