THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2022/2023

Timetable information in the Course Catalogue may be subject to change.

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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Structural Transformation in the Labour Market (ECNM10102)

Course Outline
SchoolSchool of Economics CollegeCollege of Arts, Humanities and Social Sciences
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) AvailabilityAvailable to all students
SCQF Credits20 ECTS Credits10
SummaryThe 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.
Course description 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.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Students MUST have passed: Economics 2 (ECNM08006)
Co-requisites Students MUST also take: Essentials of Econometrics (ECNM10052)
Prohibited Combinations Other requirements None
Information for Visiting Students
Pre-requisitesNone
High Demand Course? Yes
Course Delivery Information
Academic year 2022/23, Available to all students (SV1) Quota:  None
Course Start Semester 1
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 6, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 170 )
Assessment (Further Info) Written Exam 80 %, Coursework 20 %, Practical Exam 0 %
Additional Information (Assessment) 1 take-home midterm exam 20%
1 final exam 80%
Feedback Feedback on coursework will be provided three weeks after due date.
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S1 (December)2:00
Learning Outcomes
On completion of this course, the student will be able to:
  1. An understanding of the development of the theories studied and an evaluation of competing theories.
  2. Research and investigative skills such as problem framing and solving and the ability to assemble and evaluate complex evidence and arguments.
  3. Communication skills in order to critique, create and communicate understanding.
  4. Personal effectiveness through task-management, time-management, dealing with uncertainty and adapting to new situations, personal and intellectual autonomy through independent learning.
  5. Practical/technical skills such as, modelling skills (abstraction, logic, succinctness), qualitative and quantitative analysis and general IT literacy.
Reading List
None
Additional Information
Graduate Attributes and Skills Not entered
Keywordslabour,labour market,sectoral shift
Contacts
Course organiserDr Ludo Visschers
Tel: (0131 6)51 3853
Email: Ludo.Visschers@ed.ac.uk
Course secretaryMiss Becky Guthrie
Tel:
Email: becky.guthrie@ed.ac.uk
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