Labour Economics and Policy
Description
The module aims to develop a comprehensive understanding of how labour markets work and how they are affected by institutions and labour market policies. The module considers the strategic interactions between labour supply and labour demand and acknowledges the importance of distortions and imperfections in these interactions. In addition, the module outlines the origins of unemployment and analyses the role of government in reducing unemployment and increasing participation. It addresses the process of wage differentials and explains why similar workers are paid differently and have different career progression paths. The module outlines the role of public policy in maintaining efficient labour markets in society.
Learning Outcomes
Identify and critically discuss the key issues related to the field of labour economics
Formulate a balanced, critical evaluation of policy debates around current labour economic issues.
Confidently discuss academic research in the field of labour economics and policy.
Develop competence in communicating and solving labour market problems in a collaborative work environment.