Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Labour Market Economics | |||
| Reference | BS4256 | Version | 7 |
| Created | August 2021 | SCQF Level | SCQF 10 |
| Approved | July 2019 | SCQF Points | 15 |
| Amended | August 2021 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| To provide students with the ability to understand, evaluate and critically analyse developments in contemporary labour markets. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Evaluate the complexity and interdependence of modern labour markets. |
| 2 | Critically apply a working knowledge of theories of participation and 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 |
|---|
| Labour market equilibrium and Human Capital Theory; theories of participation; the theory of search in labour markets; wage formation and labour mobility. |
| Module Delivery |
|---|
| Lectures, seminars, groupwork and directed independent learning. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | 36 | N/A |
| Non-Contact Hours | 114 | N/A |
| Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
| TOTAL | 150 | N/A |
| Actual Placement hours for professional, statutory or regulatory body |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| 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: | 4, 5 |
| Description: | Closed book examination | ||||
| MODULE PERFORMANCE DESCRIPTOR | ||||||||
|---|---|---|---|---|---|---|---|---|
| Explanatory Text | ||||||||
| The calculation of the overall grade for this module is based on 50% weighting of C1 and 50% weighting of C2 components. An overall minimum grade D is required to pass the module. | ||||||||
| Coursework: | ||||||||
| Examination: | A | B | C | D | E | F | NS | |
| A | A | A | B | B | C | E | ||
| B | A | B | B | C | C | E | ||
| C | B | B | C | C | D | E | ||
| D | B | C | C | D | D | E | ||
| E | C | C | D | D | E | E | ||
| F | E | E | E | E | E | F | ||
| NS | Non-submission of work by published deadline or non-attendance for examination | |||||||
| Module Requirements | |
|---|---|
| Prerequisites for Module | Introductory Economics (BS1109) or equivalent. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 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. |