2018/19 Undergraduate Module Catalogue

LUBS2590 Labour Economics

10 creditsClass Size: 140

Module manager: Juliane Scheffel
Email: J.Scheffel@leeds.ac.uk

Taught: Semester 2 (Jan to Jun) View Timetable

Year running 2018/19

Pre-requisite qualifications

LUBS1940 Economics for Management
OR
LUBS1950 Economic Theory & Applications 1

This module is approved as a discovery module

Module summary

This module gives you an understanding of the nature of labour markets and labour market institutions and will enable you to apply these theories so as to account for various market labour market phenomena.Pre-requisite qualifications: LUBS1940 Economics for Management OR LUBS1950 Economic Theory & Applications 1

Objectives

- To provide an introduction to theories of economic behaviour in the labour market
- To summarise and explain the empirical evidence on these theories
- To provide a description of the UK labour market and an analysis of recent policy in the light of this theory and evidence
- Apply core economic theory and economic reasoning to applied topics
- Discuss and analyse government policy
- Work with abstract concepts and in a context of generality
- Justify conclusions using economic arguments with appropriate rigour
- Communicate effectively and clearly in written formats

Learning outcomes
Upon completion of this module students will be able to:
1. Demonstrate an understanding of the economic principles behind the operation of the labour market;
2. Analyse and evaluate relevant empirical evidence on the operation of the labour market;
3. Demonstrate a critical understanding of recent developments in the UK and global labour markets;
4. Critically evaluate the effectiveness of actual and proposed government policy towards the labour market.

Skills outcomes
Upon completion of this module students will be able to:
Transferable
- Apply the skills of critical thinking, analysis and synthesis

Syllabus

The module will cover the following topics:
1. Recent developments in the UK and OECD labour markets
2. The supply of labour
3. The demand for labour
4. Labour market equilibrium
5. Education and training
6. Wage inequality
7. Job search and unemployment

Teaching methods

Delivery type	Number	Length hours	Student hours
Lecture	11	1.00	11.00
Seminar	5	1.00	5.00
Private study hours			84.00
Total Contact hours			16.00
Total hours (100hr per 10 credits)			100.00

Opportunities for Formative Feedback

Course members attend five seminars to support the schedule of 10 Lectures. Seminar questions are placed on the VLE in advance of meetings, and students are asked to prepare written responses to the questions in advance and are invited to submit them to the Lecturer at the end of seminars to gain written feedback. Course members are also invited to submit an un-assessed essay to gain essay writing practice and additional guidance on their performance in advance of the examination.

Methods of assessment

Exams

Exam type	Exam duration	% of formal assessment
Standard exam (closed essays, MCQs etc)	2 hr 00 mins	100.00
Total percentage (Assessment Exams)		100.00

The resit for this module will be 100% by 2 hour examination.

Reading list

The reading list is available from the Library website

Last updated: 27/02/2019

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