ECX2141 Economics of labour markets
Faculty of Business and Economics
ECX2141 Economics of labour markets is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2025 in Semester 2 at Caulfield. It needs ECC1000, ECF1100, ECW1101 or ECB1101.
- Credit points
- 6
- Offered in 2025
- Semester 2
- Caulfield
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
This is the 2025 handbook entry. See the 2027 entry.
Reviews
No reviews yetNo reviews yet. Be the first to review ECX2141.
Requisites
Before ECX2141
Prohibitions
You can't enrol if you have passed any of these.
Prerequisites
Pass these before you enrol.
After ECX2141
No unit lists ECX2141 as a prerequisite in the 2025 handbook.
Enrolment rules
If you are enrolled in course B2001 or associated double degree program you cannot undertake this unit.
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 2025
| Teaching period | Campus | Mode |
|---|---|---|
| Second semester | Caulfield | On campus |
Assessment
- Quiz / Test64%
- Presentation12%
- Written24%
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
- Workshops24 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. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Where it fits
ECX2141 is part of 1 area of study in the 2025 handbook.
Contacts
- Chief Examiners
- Dr Michelle Teresita Rendall
Common questions
What are the prerequisites for ECX2141?
You need ECC1000, ECF1100, ECW1101 or ECB1101 before you enrol. Enrolment rules also apply.
When is ECX2141 offered?
In 2025, ECX2141 runs in Semester 2 at Caulfield.
How much work is ECX2141?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECX2141 have an exam?
No. ECX2141 has 3 assessment tasks and no exam.
Which majors and minors include ECX2141?
ECX2141 is part of Economics and business strategy.