- Code ECON8041
- Unit Value 6 units
- Offered by Research School of Economics
- ANU College ANU College of Business and Economics
- Course subject Economics
- Areas of interest Economics
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 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%
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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.
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:
- 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.
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Offerings, Dates and Class Summary Links
Class summaries, if available, can be accessed by clicking on the View link for the relevant class number.