Labour Economics Labour Relations

AY2015/2016 Semester 1

This course seeks to explain the inner workings of the labor market. The course focuses on the economics of the labor market. It covers the determination of labor market demand and supply, wage determination, wage differentials, human capital investment, migration and discrimination, as well as unemployment and labor policies. The course also aims to explain why workers join unions, trade union behavior, wage determination under the union, and the economic impact of unions.