UnitLevel 2Undergraduate

ECS2141 Economics of labour markets

Faculty of Business and Economics

ECS2141 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 1 at South Africa. It needs ECW1101, ECS1101 or ECB1101.

Credit points
6
Offered in 2021
Semester 1
South Africa
Assessment
Exam 60%
and 2 other tasks
Workload
144 hours
per semester

The 2027 handbook has no page for ECS2141. This is its 2021 entry, the latest one.

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Requisites

After ECS2141

No unit lists ECS2141 as a prerequisite in the 2021 handbook.

Equivalent units

The same content under another code. Only one of them counts.

Overview

Topics include the supply of and the demand for labour, education and training, the operation of labour markets, including the role of institutions in the labour market, wage relativities, disadvantaged groups in the labour market, and the role of trade unions. Also included is a study of the macroeconomic implications of wage changes and a consideration of wages policy. Special attention is given to current labour market conditions in South Africa and the broader African continent.

Offerings in 2021

Teaching periodCampusMode
First semester - South AfricaSouth AfricaOn campus

Assessment

  • Assignment
    15%
  • Semester Test
    25%
  • ExaminationThreshold hurdle
    60%

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    understand the operation of labour markets by drawing on basic economic principle

  2. 2

    think critically about the implications of labour market activity for society

  3. 3

    recognise the issues involved in labour market activities through a consideration of issues such as unemployment and labour market disadvantage

  4. 4

    apply analytical skills developed through an analysis of continuing change in the labour market and labour market policy in South Africa and the broader African continent.

Workload and teaching

  • Tutorials12 hours
  • Lectures24 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.

The unit will include lectures, tutorials, video and audio presentations on Moodle. The ECS2141 Moodle site will provide weekly information to students as well as access to the subject discussion board.

Learning resources

Required resources

McConnell, C., Brue, S., & Macpherson, N.G., (2013), Contemporary Labor Economics, 10th edn, McGraw-Hill Irwin, Australia.

Contacts

Chief Examiners
Ms Cynthia Bedwei-Majdoub

Common questions

What are the prerequisites for ECS2141?

You need ECW1101, ECS1101 or ECB1101 before you enrol.

When is ECS2141 offered?

In 2021, ECS2141 runs in Semester 1 at South Africa.

How much work is ECS2141?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

Does ECS2141 have an exam?

Yes. The exam is worth 60% of the final mark, alongside 2 other tasks.

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
Not available
Handbook years
20202021