ECB2141 Economics of labour markets
Faculty of Business and Economics
ECB2141 Economics of labour markets is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2021 in Semester 2 at Caulfield and Peninsula. It needs ECB1101, ECC1000, ECF1100 or ECW1101.
- Credit points
- 6
- Offered in 2021
- Semester 2
- Caulfield, Peninsula
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
The 2027 handbook has no page for ECB2141. This is its 2021 entry, the latest one.
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Requisites
Before ECB2141
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ECB2141
No unit lists ECB2141 as a prerequisite in the 2021 handbook.
Equivalent units
The same content under another code. Only one of them counts.
Overview
This unit provides an introduction to labour economics, emphasising various theoretical models of the labour market. The unit examines how workers and firms make decisions in the labour market, the operation of labour markets, including the role of institutions in the labour market, wage differentials, impact of unions and government on labour markets, labour quality, labour market discrimination and anti-discrimination policies. Special attention is given to the current labour market conditions.
Offerings in 2021
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
| Second semester | Peninsula | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the core concepts and tools of labour economics and policy
- 2
apply economic principles to analyse the operation of labour markets critically
- 3
critically evaluate government policies affecting labour markets
- 4
recognise the critical issues involved in labour markets
- 5
apply analytical skills developed through an analysis of continuing change in the labour market and labour market policy.
Workload and teaching
- Lectures24 hours
- Tutorials12 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Contacts
- Chief Examiners
- Dr Anupama Sethi
Common questions
What are the prerequisites for ECB2141?
You need ECB1101, ECC1000, ECF1100 or ECW1101 before you enrol.
When is ECB2141 offered?
In 2021, ECB2141 runs in Semester 2 at Caulfield and Peninsula.
How much work is ECB2141?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECB2141 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.
More details
- Credit points
- 6
- Level
- 2
- Study level
- Undergraduate
- Faculty
- Faculty of Business and Economics
- Organisational unit
- Department of Economics
- Type
- Coursework
- EFTSL
- 0.125
- Student contribution
- SCA Band 4
- Study abroad
- Available
- Handbook years
- 20202021