Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2024-2025

Module ECON3081: LABOUR ECONOMICS

Department: Economics

ECON3081: LABOUR ECONOMICS

Type Tied Level 3 Credits 20 Availability Available in 2024/2025 Module Cap Location Durham
Tied to L100
Tied to L106
Tied to L109
Tied to L103
Tied to L104
Tied to L105
Tied to LL12
Tied to LL02
Tied to L1R1
Tied to LL01
Tied to VL52
Tied to VLL6
Tied to VLLA
Tied to CFG0
Tied to CFC0
Tied to FGC0
Tied to CFG1
Tied to CFC1
Tied to FGC1
Tied to CFG2
Tied to CFC2
Tied to LA01
Tied to LA02
Tied to LA03
Tied to LMVA
Tied to LMV0
Tied to LMVP

Prerequisites

  • Macroeconomics (ECON2011) AND Microeconomics (ECON2021) OR Economic Theory (ECON2291)

Corequisites

  • None.

Excluded Combination of Modules

  • None.

Aims

  • The module aims to build upon material introduced at Levels 1 and 2 in order to develop an understanding of some of the principal issues in modern labour economics, while providing opportunities to practise and develop a range of key skills.

Content

  • Topics are likely to include:
  • The demand and supply for labour
  • Models of trade union determination
  • Minimum wages
  • Worker participation
  • Job search and unemployment
  • Human capital and information
  • Compensating differentials
  • Discrimination in the labour market
  • Incentives, labour effort and pay

Learning Outcomes

Subject-specific Knowledge:
  • On completion of the module, students should be able to demonstrate knowledge and understanding of key aspects of modern labour economics, drawing on relevant theory and empirical evidence.
Subject-specific Skills:
  • On completion of the module, students should be able to apply the tools of economic analysis to selected issues in labour market policy.
Key Skills:
  • Written Communication - through formative and summative assessment
  • Initiative - by selecting and researching relevant literature and information in preparation for tutorial classes, formative assessment and the written examination.
  • Problem solving and analysis - by exercising critical thinking in applying relevant theory and empirical evidence to the analysis of problems and issues encountered in seminar worksheets and summative assessment.
  • Numeracy - by applying core mathematical and quantitative skills to complete a range of seminar exercises.
  • Computer Literacy and Information Retrieval - by word processing, accessing and downloading material form DUO, using e-mail to communicate with class leader and other students, undertaking bibliographic search and information retrieval for their student-centred learning topic.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Teaching is by lectures, seminars and support for student-centred learning. Learning takes place through attendance at lectures, preparation for and participation in seminar classes and private study (including student-centred learning). Formative assessment is by means of a piece of written work. Summative assessment is by means of a written examination.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 20 1 per week 1 hour 20
Seminars 8 4 in term 1, 4 in term 2 1 hour 8
Revision Lecture 2 2 in term 3 1 hour 2
Preparation and Reading 170
Total 200

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
One in-person written examination 2 hours 100% Same

Formative Assessment:

One written piece of work to prepare students for the summative examination.


Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University