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MODULE DESCRIPTOR | |||
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Module Title | |||
Labour Market Economics | |||
Reference | BS4256 | Version | 3 |
Created | February 2017 | SCQF Level | SCQF 10 |
Approved | June 2013 | SCQF Points | 15 |
Amended | May 2017 | ECTS Points | 7.5 |
Aims of Module | |||
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To provide students with the ability to understand, evaluate and critically analyse developments in contemporary labour markets. |
Learning Outcomes for Module | |
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On completion of this module, students are expected to be able to: | |
1 | Appreciate and evaluate the complexity and interdependence of modern labour markets. |
2 | Critically evaluate and apply a working knowledge of theories of unemployment. |
3 | Critically assess the interdependence of education, training, productivity and employment probabilities. |
4 | Analyse the effects of active labour market intervention. |
5 | Critically analyse wage formation and labour mobility. |
Indicative Module Content |
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Labour market equilibrium and Human Capital Theory; theories of unemployment; the theory of search in labour markets; wage formation and labour mobility. |
Module Delivery |
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Lectures, seminars, groupwork and directed independent learning. |
Indicative Student Workload | Full Time | Part Time |
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Contact Hours | 41 | 41 |
Non-Contact Hours | 109 | 109 |
Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
TOTAL | 150 | 150 |
Actual Placement hours for professional, statutory or regulatory body |   |   |
ASSESSMENT PLAN | |||||
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If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
Component 1 | |||||
Type: | Coursework | Weighting: | 50% | Outcomes Assessed: | 1, 2, 3 |
Description: | One coursework assignment. | ||||
Component 2 | |||||
Type: | Examination | Weighting: | 50% | Outcomes Assessed: | 1, 2, 3, 4, 5 |
Description: | One end-of-module closed-book examination which will incorporate theoretical and practice-oriented problem-solving. |
MODULE PERFORMANCE DESCRIPTOR | |
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Explanatory Text | |
The Module is assessed by two components: C1 - Coursework - 50% weighting. C2 - Examination - 50% weighting. Module Pass Mark = Grade D (40%) | |
Module Grade | Minimum Requirements to achieve Module Grade: |
A | At least 70% on weighted aggregate and at least 35% in each component |
B | At least 60% on weighted aggregate and at least 35% in each component |
C | At least 50% on weighted aggregate and at least 35% in each component |
D | At least 40% on weighted aggregate and at least 35% in each component |
E | At least 35% on weighted aggregate |
F | Less than 35% on weighted aggregate |
NS | Non-submission of work by published deadline or non-attendance for examination |
Module Requirements | |
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Prerequisites for Module | Introductory Economics (BS1109) and Business Economics (BS2211) in addition to SCQF10 entry requirements or equivalent. |
Corequisites for module | None. |
Precluded Modules | None. |
INDICATIVE BIBLIOGRAPHY | |
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1 | BORJAS, J., 2016. Labor economics.7th ed. McGraw-Hill Education Ltd. |
2 | CRAMP, P., 2014. Labour markets: The economics of work and leisure. 6th ed. Anforme Ltd. |
3 | LAYYARD, R., NICKELL, R. and JACKMAN, T., 2005. Unemployment: macroeconomic performance and the labour market. 2nd ed. Oxford: Oxford University Press. |
4 | McCONNEL, C., BRUE, S., 2016. Contemporary labor economics. 11th ed. New York: McGraw-Hill Education Ltd. |