Economics of labour markets

Crawford School of Public Policy | Executive course
Enrichment

Summary

This one-day course will develop your skills to understand basic theoretical and empirical concepts of labour economics. You will learn why workers in different jobs earn different wages, comprehend the role of education in shaping the distribution of wages, and learn about labour mobility and international labour migration.

The course will develop your analytical skills and allow you to use fundamental mechanisms of labour market theory to derive predictions about effects of changes in labour supply and labour demand on wages and employment. The course will also improve your ability to read and interpret empirical research findings in the field of labour economics. The course is suitable for beginners with some basic knowledge of market mechanisms and some basic understanding of statistical concepts.

Course date: 
9.30am–4.30pm 12 October 2017
Venue: 
#132, Crawford Building, Lennox Crossing, ANU
Cost: 

$1,350 GST incl; Group discounts applicable.

Course overview

Many public policy issues concern the labour market experiences of particular groups of workers or various aspects of the employment relationship between workers and firms. Policy-makers need an understanding of the functioning of the labour market to make informed decisions.

The workshop will cover four main areas:

  1. Labour supply and labour demand
  2. Human capital
  3. Inequality
  4. Labour mobility

The course will give an introduction to some of the key features of labour supply and labour demand, explain why different workers earn different wages and provide an overview of the link between education and wages. The course will also cover basic concepts required to understand the wage structure and wage inequality, and provide an overview of the most important issues related to labour mobility and international labour migration.

The course will provide participants with the knowledge they require to derive basic conclusions regarding a wide range of issues related to labour economics. The course will combine intuitive explanations with practical examples. The course is suitable for beginners and as a refresher for those with an economics background.

Course convenor

Associate Professor Mathias Sinning

Mathias Sinning is an Associate Professor at the Tax and Transfer Policy Institute (TTPI) of the Crawford School of Public Policy. He received his Masters in Economics from the University of Heidelberg in 2004 and his Ph.D. in Economics from the University of Bochum in 2008. He has previously held academic appointments at the Australian National University and the University of Queensland and has been a Visiting Fellow at Princeton University.

Mathias is interested in the empirical analysis of issues related to labour economics, education and international migration and is currently working on the projects “Understanding Dynamic Aspects of Economic Inequality” and “Applying Behavioural Insights to the Tax System in Australia” funded by the Australian Research Council. He has published empirical research in a wide range of international peer-reviewed journals, including Economics of Education Review, Economic Inquiry, Health Economics, Industrial and Labor Relations Review, Journal of Banking and Finance, Journal of Population Economics, Labour Economics, and Review of Income and Wealth.

He is a Research Fellow of RWI Essen, IZA Bonn and the Centre for Research and Analysis of Migration (CReAM) of University College London.

Updated:  24 March 2017/Responsible Officer:  Crawford Engagement/Page Contact:  CAP Web Team