(3 units). Labour supply, labour demand applications. Competitive and monopsonistic equilibrium. Union behaviour and its impact on labour markets. Wage structures and compensating differentials. Phillips curve analysis and critiques. Course Component: Lecture Prerequisites: ECO 2145, (ECO 2151 or MAT 3375).
(3 units). Labour supply, labour demand applications. Competitive and monopsonistic equilibrium. Union behaviour and its impact on labour markets. Wage structures and compensating differentials. Phillips curve analysis and critiques. Course Component: Lecture Prerequisites: ECO 2145, (ECO 2151 or MAT 3375).