Labour economics delves into how decisions by individuals, families, and households impact and are impacted by the distribution of wages, employment, and opportunities. It scrutinizes inequalities among men and women, social classes, and ethnic groups, considering the role of policies and institutions in shaping these dynamics. The field also explores the intricate relationship between the world of work and the macroeconomic performance of the economy, providing insights into trends in the distribution of welfare within and across countries. We will focus on areas of topical interest and importance that will cover the main insights of and approaches taken by researchers in the field. Throughout we attempt to integrate theoretical issues, empirical evidence and questions of policy, drawing on research covering a range of OECD countries. A key focus will be on the discussion and evaluation of data and research. You will gain an understanding of how the world of work effects households and families as well as the tools to help you evaluate both research and policy. You will be able to synthesise information from various sources and present findings to diverse audiences.
Lecture 16, Workshop 16
Presentation. Assessment Details: Individual presentation worth 30%.
Report. Assessment Details: 2500 words Technical Report worth 70%.
Reassessment Method: Single instrument. 100% written assessment (Report, 2500 words)
On successfully completing the module, students will be able to:
1) Outline the determination of labour market outcomes and understand their relevance to policy debates
2) evaluate how economic data can be used to address policy relevant questions and recognise the problems that arise in this consideration
3) Critically evaluate and synthesise recent debates and research in labour economics
4) Reflect critically on the application of economic models to real-world problems
5) Construct and present critical and coherent arguments
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