Module Catalogues, Xi'an Jiaotong-Liverpool University   
 
Module Code: ECO207
Module Title: International Labour Markets
Module Level: Level 2
Module Credits: 5.00
Academic Year: 2017/18
Semester: SEM2
Originating Department: International Business School
Pre-requisites: ECO104ORECO109
   
Aims
This module explains the behaviour of labour markets and the structure of labour market institutions, including labour supply, wages, search, human capital, discrimination, market segmentation, unemployment and migration.


This module complements the principle of economics modules that students have previously studied and any econometrics or quantitative methods module students have taken or are currently taking. British and Chinese labour markets are examined but empirical material applying to other countries is also used.


By emphasising a particular market (the market for labour), the subject of this module is related to microeconomics and human resource management. Determinants of wages and, in particular, CEO pay in China and in the UK are examined as well as determinants of labour supply, in particular for women. The decision to migrate is also covered. The discussion is informed by analytical methods and econometric results.
Learning outcomes 
A Apply core economic theory and economic reasoning to labour economic models such as human capital, earnings functions, wage differentials, job search, signaling, discrimination and migration.

B Discuss, analyse and evaluate government policy and to assess the performance of UK, Chinese and other countries’ labour markets

C Collect, organize and present labour market data to assess the performance of labour markets using appropriate statistical techniques.

Method of teaching and learning 
The module is taught using seminars, incorporating both lecture-type presentations and discussions. Learning is reinforced by appropriate readings from the course text. Students are also expected to read and analyse journal articles to broaden their critical thinking and analysis skills.
Syllabus 
In this module we will cover the following theoretical models and examine empirical evidence testing these models:

1. Human capital models.

2. Signaling and learning models.

3. Labour supply.

4. Compensating wage differentials.

5. Discrimination and measuring discrimination.

6. Efficiency wages, segmented labour markets and Chief Executive Officer (CEO) pay.

7. Job search and unemployment.

8. Inter-city and inter-industry differentials.

9. Migration.


Delivery Hours  
Lectures Seminars Tutorials Lab/Prcaticals Fieldwork / Placement Other(Private study) Total
Hours/Semester 26    12      112  150 

Assessment

Sequence Method % of Final Mark
1 Group Research Report 15.00
2 Final Examination 85.00

Module Catalogue generated from SITS CUT-OFF: 10/22/2017 10:44:49 AM