ECO210 Labour Economics (8)

This subject applies economic analysis to the labour market and complements studies in human resource management and industrial relations and applies economic principles to specific labour issues such as wage and employment determination, labour productivity and labour force participation rates. Contemporary labour market issues are explored including unemployment, wages policy and the institutional framework of Australian labour markets.

Availability

Session 2 (60)
Online
Wagga Wagga Campus

Continuing students should consult the SAL for current offering details: ECO210. Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.

Subject Information

Grading System

HD/FL

Duration

One session

School

School of Accounting and Finance

Assumed Knowledge
(ECO110 and ECO120) or ECO130

Learning Outcomes

Upon successful completion of this subject, students should:
  • be able to discuss and apply economic principles and theories to labour market issues;
  • be able to analyse conditions in the Australian labour market, including skill shortages; and
  • be able to evaluate labour market policies and apply these to issues relating to unemployment, wages and discrimination.

Syllabus

This subject will cover the following topics:
  • theory of labour demand;
  • theory of labour supply;
  • investment in human capital: Education and training;
  • neo-classical labour markets;
  • alternative approaches to labour markets;
  • the Australian wage structure and the role of unions ;
  • unemployment: measurement, theories and policies; and
  • wages policy.

The information contained in the CSU Handbook was accurate at the date of publication: January 2020. The University reserves the right to vary the information at any time without notice.

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