Economics

Labour Economics

Module code: L1039
Level 6
15 credits in autumn semester
Teaching method: Lecture, Seminar
Assessment modes: Take away paper

The module explores how labour economics informs the discussion of many social issues such as the causes of unemployment; how technological change is shifting the distribution of jobs and wages; the impact of immigration on wages and employment; the impact of social security on the incentive to work; and the causes of gender and racial wage and employment gaps.

Module learning outcomes

• Have demonstrated a systematic understanding of those principles at the forefront of economics as they relate to economic problems and issues
• Have demonstrated a systematic understanding of an appropriate number of specialised fields of economics (e.g. labour economics, development economics)
• Be able to use the power of abstraction to focus upon the essential features of an economic problem and to provide a systematic framework for the coherent and critical evaluation of the effects of policy or other exogenous events.
• Be able to analyse an economic problem or issue using an appropriate theoretical framework, recognise its limitations and appreciate uncertainties around such analyses.