ECON 3504 - Labour Economics III
North Terrace Campus - Semester 1 - 2023
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General Course Information
Course Details
Course Code ECON 3504 Course Labour Economics III Coordinating Unit Economics Term Semester 1 Level Undergraduate Location/s North Terrace Campus Units 3 Contact Up to 3 hours per week Available for Study Abroad and Exchange Y Assumed Knowledge ECON 2506 Assessment Case study, tutorial participation, essay and final exam Course Staff
Course Coordinator: Kostas Mavromaras
Professor Kostas Mavromaras
School of Economics and Public Policy
4.46, Level 4, Nexus Tower
10 Pulteney Street
Adelaide SA 5005
Australia
Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
1. Demonstrate a sound understanding of the core concepts and tools of Labour Economics and Policy.
2. Apply economic principles and reasoning to critically analyse labour market phenomena and contemporary academic literature.
3. Develop an understanding of the future role work and jobs play in evolving social and economic enviroments.
4. Communicate their knowledge and understanding of labour market and related social issues using written, verbal and visual expression.
5. Critically evaluate government policies affecting work and jobs.
6. Interpret labour market statistics and the statistical outputs in academic papers, policy reports, and broader economic and social commentary.University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Attribute 1: Deep discipline knowledge and intellectual breadth
Graduates have comprehensive knowledge and understanding of their subject area, the ability to engage with different traditions of thought, and the ability to apply their knowledge in practice including in multi-disciplinary or multi-professional contexts.
1-6 Attribute 2: Creative and critical thinking, and problem solving
Graduates are effective problems-solvers, able to apply critical, creative and evidence-based thinking to conceive innovative responses to future challenges.
1-6 Attribute 3: Teamwork and communication skills
Graduates convey ideas and information effectively to a range of audiences for a variety of purposes and contribute in a positive and collaborative manner to achieving common goals.
4,5,6 Attribute 4: Professionalism and leadership readiness
Graduates engage in professional behaviour and have the potential to be entrepreneurial and take leadership roles in their chosen occupations or careers and communities.
1-6 Attribute 5: Intercultural and ethical competency
Graduates are responsible and effective global citizens whose personal values and practices are consistent with their roles as responsible members of society.
1-6 Attribute 6: Australian Aboriginal and Torres Strait Islander cultural competency
Graduates have an understanding of, and respect for, Australian Aboriginal and Torres Strait Islander values, culture and knowledge.
3,4,5,6 Attribute 7: Digital capabilities
Graduates are well prepared for living, learning and working in a digital society.
3,6 Attribute 8: Self-awareness and emotional intelligence
Graduates are self-aware and reflective; they are flexible and resilient and have the capacity to accept and give constructive feedback; they act with integrity and take responsibility for their actions.
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Learning Resources
Required Resources
We use two textbooks and a number of academic articles and policy reports for this subject. The two textbooks are:
1. Borjas, George, Labor Economics, 2019, 8th Edition, McGrawHill, ISBN 1260004724/97811260004724
and
2. Sloane P., P.L. Latreille, N.O'leary, Modern Labour Economics , 2013, Routledge. ISBN 04 154 69813/9780415469814
A Reading List with relevant materials will be provided at the beginning of the course and will be updated during the course and published in MyUni. Please keep yourself informed of these updates.
The lecture slides will be provided a week prior to the lecture in MyUni. The lectures will be recorded and the recording will be made available after the lecture via MyUni.
The lecture notes do NOT cover the complete course material - they indicate what is broadly intended to be covered in the forthcoming lecture(s); students are expected to attend the lectures and develop their understanding through writing their own notes and subsequently attending the relevant tutorials.
Some lectures and tutorials will be delivered online (via Zoom invitations) and some face to face (in the advertised lecture and tutorial locations). All lectures and tutorials will take place live in the times advertised.
NOTE: Dictionaries are not allowed in School of Economics Exams.Recommended Resources
A number of links to additional resources, notably academic papers, will be provided during the course.Online Learning
MyUni (https://myuni.adelaide.edu.au) will be used to communicate efficiently as a group and to post material such as articles, reading lists, class notes, etc. -
Learning & Teaching Activities
Learning & Teaching Modes
This course uses lectures and tutorials. The lectures provide an overview of the course content but students can expect that they will need to study the lecture notes and the associated materials in order to understand the topic. The tutorials will comprise discussions, analysis of academic contributions on a number of topics related to the labour market, discussions on quantitative techniques used in the field of Labour Economics including policy evaluation, introduction to relevant datasets available in Australia and Internationally and the discussion of contemporary policy issues relating to work and jobs. Students will be expected to participate actively in the tutorials and familiarise themselves with the material prior to attending the tutorial.
Students will need to be checking in MyUni for the relevant attendance announcements.
Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The information below is provided as a guide to assist students in engaging appropriately with the course requirements. The University expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that, for this course, you are expected to commit approximately 10 hours per week to private study, that is, study outside of your regular classes.Learning Activities Summary
The learning activities of this course are organised by topics, delivered weekly in a one two-hour lecture. Each lecture session is followed by a one-hour tutorial. Tutorials aim to consolidate your understanding of course material by working through relevant labour market issues and to expand your understanding of course material through group discussions. An indicative list of topics to be covered in the lectures/tutorials is as follows:
Introduction to Labour Economics and building a labour market narrative
Labour supply including introduction to modeling
Labour demand and the overall market equilibrium
Compensating wage differentials
Trade unions
Building human capital: education, qualifications and occupations
Utilising Human Capital: the concept of mismatch in the workplace
Technology and work
Automation, robots and the future of work as we know it
Policy topics (TBD)
Revision topics (TBD) -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Task Type Due Weighting Learning Outcome Essay/written assignment (word-limited online) Individual Week 10 30% Tutorials participation and contribution (incl. online) Individual ongoing 10% Final exam Individual Exam Period 60% Total 100% Assessment Related Requirements
No late submissions on the written assignment will be accepted, except as required under the Modified Arrangements for Coursework Assessment Policy.Assessment Detail
The assessment will consist of 3 components:
1. An essay/individually written assignment to be completed by the 10th week of the session. (worth 30% of the final mark)
2. Tutorial participation and contribution. Students are expected to actively participate in the tutorial discussions, ask questions and come prepared to class. (Worth 10% of the final mark)
3. Final exam (worth 60% of the final mark) The final exam will cover the entire course. All material from the lectures, the textbook and the tutorials is examinable.
More detailed information will be provided during the course where necessary.Submission
Written assignment must be uploaded through the MyUni site for the unit.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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