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Unit information: Labour Economics in 2023/24

Unit name Labour Economics
Unit code EFIMM0041
Credit points 15
Level of study M/7
Teaching block(s) Teaching Block 2 (weeks 13 - 24)
Unit director Dr. Patrick Arni
Open unit status Not open
Units you must take before you take this one (pre-requisite units)

Successful completion of first-term MSc units

Units you must take alongside this one (co-requisite units)

None

Units you may not take alongside this one

None

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Unit Information

This unit will cover core topics in labour economics. Topics will include labour supply and demand, human capital, job search and unemployment, labor migration and further relevant issues. Particular emphasis is on the interaction of theoretical and empirical modelling and its relevance for economic policy. A major goal is to provide students with the necessary tools that help to analyse the labour market consequences of government interventions, such as minimum wages, social benefits, labour market policies, taxes etc. Recent results of the empirical literature will also be discussed and critically assessed. This course aims at enabling the students to build up evidence-based knowledge and tools to analyse economic issues relevant to labour markets in current economies.

This unit provides a thorough and in-depth treatment of the core topics in labour economics. Basic concepts in labour economics are introduced with particular emphasis on the interaction of theoretical and empirical modelling. The students will be equipped with the knowledge to critically assess empirical findings on the impacts of labour market activities, institutions and policy interventions.

The students in the course will learn to understand and critically discuss current research papers and reports in the area of labour economics. They will be able to start independent research projects and evaluation analyses at basic levels.

Your learning on this unit

This unit provides a thorough and in-depth treatment of the core topics in labour economics. Basic concepts in labour economics are introduced with particular emphasis on the interaction of theoretical and empirical modelling. At the end of the unit, successful students will be able to:

(1) critically assess empirical findings on the impacts of labour market activities, institutions and policy interventions.

(2) understand and critically discuss current research papers and reports in the area of labour economics.

(3) demonstrate knowledge on how to design an economic evaluation analysis of labour policy intervention.

How you will learn

Teaching will be delivered through a combination of large and small group classes, supported by online resources

How you will be assessed

Tasks which help you learn and prepare you for summative tasks (formative):

Homework exercises (problem sets), presentation and review questions

Tasks which count towards your unit mark (summative):

Coursework, approx. 2000 words. Worth 80% of unit mark. Assesses ILOs 1-3.
MCQs and short questions, worth 20% of unit mark. Assesses ILOs 1-3.

When assessment does not go to plan

Coursework, 2000 words. Assesses ILOs 1-3.

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0041).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the University Workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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