Labour Economics is concerned with many of the important decisions facing individuals at various different points in their lives, despite some of these decisions being made when the person is not actively involved in the labour market. For example, it has helped us to gain a far better understanding of the factors influencing how long to stay in full-time education and when is the best time to retire. In addition to issues related to labour supply, the demand side is integral to the functioning of labour markets. As such, firm behaviour will be examined in the context of the labour market, especially with regards to how workers and firms interact. This includes in their responses to actions of governments, particularly in connection to the labour market policies that can be introduced.

*Course content subject to change