ECW2141 Economics of labour markets
Faculty of Business and Economics
ECW2141 Economics of labour markets is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2022 in Semester 1 at Malaysia. It needs ECW1101, ECC1000, ECF1100 or ECB1101.
- Credit points
- 6
- Offered in 2022
- Semester 1
- Malaysia
- Assessment
- Exam 40%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2022 handbook entry. See the 2023 entry.
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Requisites
Before ECW2141
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ECW2141
No unit lists ECW2141 as a prerequisite in the 2022 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 the current labour market conditions.
Offerings in 2022
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
Assessment
- Within semester assessment60%
- Examination40%
Learning outcomes
When you finish this unit, you should be able to:
- 1
understand the operation of labour markets by drawing on basic economic principle
- 2
think critically about the implications of labour market activity for society
- 3
recognise the issues involved in labour market activities through a consideration of issues such as unemployment and labour market disadvantage
- 4
apply analytical skills developed through an analysis of continuing change in the labour market and labour market policy.
Workload and teaching
- 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.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECW2141 is part of 1 area of study in the 2022 handbook.
Contacts
- Chief Examiners
- Dr Rajesh Ramachandran
Common questions
What are the prerequisites for ECW2141?
You need ECW1101, ECC1000, ECF1100 or ECB1101 before you enrol.
When is ECW2141 offered?
In 2022, ECW2141 runs in Semester 1 at Malaysia.
How much work is ECW2141?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECW2141 have an exam?
Yes. The exam is worth 40% of the final mark, alongside 1 other task.
Which majors and minors include ECW2141?
ECW2141 is part of Applied economics.