Assessment Brief

Academic year and term: Semester One 2023/24

Module title:

Labour Economics

Module code:

BUS020X612A

Module Convener:

Dr Alberto Palermo

Learning outcomes

assessed within this piece of work as agreed at the programme level meeting

Knowledge:

Type of assessment:

Intellectual/transferrable

responses for different labour market problems.

individual feedback via Turnitin.

Assessment deadline:

related.

You will understand how standard economic principles can be applied to the analysis of labour market behaviour and be able to critique the main features of contemporary labour markets.

You will be able to interpret and critique relevant labour market data and empirical findings and recommend appropriate policy

1. Formative Assessment - answers to one of the theoretical questions from the topics covered in weeks 2, 3 or 4 to be submitted via Turnitin. Submissions will be provided with

2. Summative Assessment - Submission of a single document via Turnitin containing answers to three questions from the below list. These answers should relate to one of the questions from each the three sections: theoretical, empirical and policy-

2 pm on 12* January 2024 (for Summative Assessment)

Further Details

Coursework submissions are restricted to a maximum of 3000 words (excluding the reference list). This should be spread (fairly evenly) across the answers to the three questions that have been chosen to be answered (to be submitted in a single document via Turnitin).

Coursework Questions (answer one question from each of the below sections)

Section A: Theoretical Questions

1. Using the labour-leisure choice framework, examine the impact on labour supply of an increase in a worker's non-labour income e.g. following an inheritance. Analyse the subsequent impact on the worker's labour supply decision of a fall in their wage rate.

2. Discuss the Hicks-Marshall rules of derived demand in the context of a labour demand curve.

3. Describe the incidence of a policy imposing a payroll tax on firms or workers.

Section B: Empirical Questions

1. With reference to their associated difficulties, describe releva methods for calculating the rate of return to education.