Prerequisites for Module
Introductory Economics (BS1109) and Business Economics (BS2211) in addition to SCQF10 entry requirements or equivalent.
Corequisite Modules
None.
Precluded Modules
None.
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. |
Appreciate and evaluate the complexity and interdependence of modern labour markets.
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| 2. |
Critically evaluate and apply a working knowledge of theories of unemployment.
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| 3. |
Critically assess the interdependence of education, training, productivity and employment probabilities.
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| 4. |
Analyse the effects of active labour market intervention.
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| 5. |
Critically analyse wage formation and labour mobility.
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Indicative Module Content
Labour market equilibrium and Human Capital Theory; theories of unemployment; the theory of search in labour markets; wage formation and labour mobility.
Indicative Student Workload
Contact Hours
| Full Time | Lectures
| 24 | Seminars
| 12 | Assessment
| 5 |
Directed Study
| |
| 57 |
Private Study
| |
| 52 |
| Mode of Delivery
Lectures, seminars, groupwork and directed independent learning.
Assessment Plan
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Learning Outcomes Assessed
| | Coursework | 1,2,3,4,5
| | Examination | 1,2,3
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One end-of-module closed-book examination which will incorporate theoretical and practice-oriented problem-solving.
One coursework assignment
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.
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