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Unit information: Labour Economics in 2021/22

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
Pre-requisites

Successful completion of first-term MSc units

Co-requisites

None

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

Description including Unit Aims

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.

Intended Learning Outcomes

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.

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Information

  • 75% Coursework
  • 25% MCQs and short questions.

Assesses all learning outcomes.

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 Faculty 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. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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