Labour Economics

LSO540

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LSO540 - Labour Economics

This course is designed to provide theoretical and analytical framework for understanding the structure and conduct of labour markets with particular reference to Canadian economy. It draws on contemporary methods to model and analyze key aspects of labour supply and labour demand. It also reviews labour legislation, labour market data and important trends that affect organizational, individual and government decision-making. These aspects are combined to explore the determination of wages, alternative pay schemes and the implication of major policies such as minimum wage legislation, non-wage benefits, alternative income maintenance schemes and unionization on the labour market. The acquired tools are applied to discuss current topics such as human capital investment, immigration, discrimination and unemployment.


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