Last modified: 31 May 2022 13:05
The course aims to develop an understanding of the level and structure of wages and employment in advanced industrial nations. Distinguishing the nature and determinants of the supply of and demand for labour, the course analyses the behaviour of labour markets and offers explanations of the major outcomes. Current policy issues such as the impact of welfare benefits on labour supply, wage taxes and subsidies, and competing models of the labour market will be explored. The course will also introduce students to personnel economics and key ideas in the economics of incentives, such as remuneration schemes, and the structure of labour contracts.
| Study Type | Undergraduate | Level | 3 |
|---|---|---|---|
| Term | Second Term | Credit Points | 30 credits (15 ECTS credits) |
| Campus | Aberdeen | Sustained Study | No |
| Co-ordinators |
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The course aims to develop an understanding of the level and structure of wages and employment in advanced industrial nations. Distinguishing the nature and determinants of the supply of and demand for labour, the course analyses the behaviour of labour markets and offers explanations of the major outcomes. Current policy issues such as the impact of welfare benefits on labour supply, wage taxes and subsidies, and competing models of the labour market will be explored. The course will also introduce students to personnel economics and key ideas in the economics of incentives, such as remuneration schemes, and the structure of labour contracts.
Information on contact teaching time is available from the course guide.
Alternative Assessment
2 x 1500-word essays (50% each)
Alternative Resit Assessment
2 x 1500-word essays (50% each)
There are no assessments for this course.
| Knowledge Level | Thinking Skill | Outcome |
|---|---|---|
| Factual | Remember | ILO’s for this course are available in the course guide. |
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