Undergraduate Course: Structural Transformation in the Labour Market (ECNM10102)
|School||School of Economics
||College||College of Arts, Humanities and Social Sciences
|Credit level (Normal year taken)||SCQF Level 10 (Year 3 Undergraduate)
||Availability||Available to all students
|Summary||The aim of the course is to introduce students to and provide an overview of the basic theoretical and empirical literature on how labour markets have evolved over time and across countries. In particular, it will enable students to apply the tools of analysis to a wide range of models and policy relating to the question of who and how much we work: over time, over the life-cycle, and in the household.
The aim of the course is to introduce students to and provide an overview of the basic theoretical and empirical literature on how labour markets have evolved over time and across countries. In particular, it will enable students to apply the tools of analysis to a wide range of models and policy relating to the question of who and how much we work: over time, over the life-cycle, and in the household. We focus particularly on female labour force participation, the impact of technological change on the labour market and sectoral shifts. To understand these, we will discuss income vs substitution effects, savings decisions, intertemporal substitution of work and consumption, intensive (how many hours?) vs extensive (whether to work) margin labour supply choice. The goal is to develop good economic intuition on these topics, while also discussing the empirical strategies to analyse these labour market outcomes.
The course is taught through a programme of lectures. Learning-by-doing, through exercise sets, is an important ingredient of the course. It provides opportunities for students to develop and demonstrate their skills to use economic theory to analyse real-world situations.
Information for Visiting Students
|High Demand Course?
Course Delivery Information
|Academic year 2022/23, Available to all students (SV1)
|Learning and Teaching activities (Further Info)
Lecture Hours 20,
Seminar/Tutorial Hours 6,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
|Assessment (Further Info)
|Additional Information (Assessment)
||1 take-home midterm exam 20%
1 final exam 80%
||Feedback on coursework will be provided three weeks after due date.
||Hours & Minutes
|Main Exam Diet S1 (December)||2:00|
On completion of this course, the student will be able to:
- An understanding of the development of the theories studied and an evaluation of competing theories.
- Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
- Communication skills in order to critique, create and communicate understanding.
- Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
- Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
|Graduate Attributes and Skills
|Keywords||labour,labour market,sectoral shift
|Course organiser||Dr Ludo Visschers
Tel: (0131 6)51 3853
|Course secretary||Miss Becky Guthrie