Course Overview
Course Description
This comprehensive 5-day course explores the economics of labour markets, focusing on theoretical models, empirical evidence, and policy implications. Participants will gain a deep understanding of labour supply and demand, wage determination, human capital investment, and the impact of various labour market policies and institutions.
Learning Objectives
- Analyze labour supply and demand dynamics using economic models
- Evaluate the determinants of wage differentials and income inequality
- Assess the economic impact of labour market policies and institutions
- Apply economic theory to real-world labour market issues and policy challenges
- Interpret empirical evidence on labour market outcomes and trends
Course Modules
Day 1: Labour Market Fundamentals
- Introduction to labour market economics
- Labour supply theory and empirical evidence
- Labour demand theory and firm behavior
- Labour market equilibrium and wage determination
Day 2: Human Capital and Wage Differentials
- Human capital theory and returns to education
- On-the-job training and skill acquisition
- Compensating wage differentials
- Labour market discrimination theories
Day 3: Labour Market Institutions and Policies
- Minimum wage laws and their effects
- Unions and collective bargaining
- Unemployment insurance and social safety nets
- Active labour market policies
Day 4: Labour Mobility and Migration
- Internal migration and regional labour markets
- International labour migration
- Job search theory and frictional unemployment
- Technological change and labour market dynamics
Day 5: Contemporary Labour Market Issues
- Gender gaps in labour force participation and earnings
- The gig economy and non-standard employment
- Automation and the future of work
- Labour market impacts of globalization
Practical Wins for Participants
- Ability to analyze and interpret labour market data and trends
- Enhanced understanding of policy trade-offs in labour market interventions
- Improved capacity to evaluate the effectiveness of labour market programs
- Developed skills in applying economic theory to real-world labour issues
NEED HELP?
Have Questions About This Course?
We understand that choosing the right training program is an important decision. Our comprehensive FAQ section provides answers to the most common questions about our courses, registration process, certification, payment options, and more.
- Course Information - Duration, format, and requirements
- Registration & Payment - Easy booking and flexible payment options
- Certification - Internationally recognized credentials
- Support Services - Training materials and post-course assistance
No Events Scheduled
This course is available on demand. Send us an enquiry and we will arrange dates that suit you.