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EE471 Labour Economics Information • • • • • Lecture Time W F 12.30 – 14.00 Lecturer Ajarn Dr. Supachai Srisuchart Office Room 514 Tel 662-6132431 Email [email protected] [email protected] Course Description • Prerequisite: – a) EE211 (or EE213) and EE312 or – b) EE212 (or EE214) and EE311 (3 credits) • Study demand and supply of labour, both in short and long run, wage structure, role of labour union, role of government as an employer and as monitoring body of social security of labour, discrimination in labour market and effects of globalization on employment. Course objectives and styles • we will learn about conventional theory in labor economics such as labor demand, labor supply, labor market equilibrium, wage structure, human capital model, education and training, labor mobility, labor relationship and union, and incentive pay • We will use example and actual policy to demonstrate how the theory can be applied in real world. • The individual and group discussions are preferred in class. • Backgrounds on calculus and econometrics are preferred but not required. • In order to maintain the academic environment, please turn off your phone and do not eat something in classroom. The noisy from classtopic discussion is allowed but others are not. Textbook and Documents • Bojas, G. (2008). Labor Economics. 4th ed. McGraw-Hill, USA. (Main textbook) • Lecture Note EC471 (BE. Program) by Dr. Supachai Srisuchart, this material includes a summary of all chapters and assignment. In addition, it also includes the mathematical and empirical sections that are far beyond the main textbook. • Article List from tentative schedule and reading list • (optional) Basis Econometrics textbook (you may use whatever econometrics textbook in library as a reference on individual report) • (optional – graduated level) Bosworth. D., Dawkins P., and Stromback. (1996). The Economics of the Labour Market. Addison Wesley. • (optional – graduated level) Handbook of Labor Economics, there are in library (Book 1, 2, 3A, 3B, 3C) • (Optional) Campbell R. McConnel, Stanley L. Brue an David A. Macpherson. (1999 or later edition). Contemporary Labor Economics Evaluation • Midterm exam (Friday 5th March 2010, 12.30 – 14.00) 30% • Individual report (submit 1 week after final exam date which is 20th May 2010 –no late than 14.00) 20% • Class quizzes and participation 10% • Final Exam (Thursday 13rd May 2010, 9.00 – 12.00) 40% • Total 100% Note: • Midterm and final exam dates are not changed due to the official schedule from BE program. Student who missed an exam cannot make up later, so these exams are student’s responsibility. • The sentence “travel with family”, “Already reserved a ticket”, “forget the exam date”, “traffic jam” are invalid reason for postpone the exam. • Only physical condition with approval medical document is allowed for postponing the exam. Class Quizzes • There are 4 – 5 random quizzes which are counted for 10% of total score. • In addition, I may drop the lowest score out of calculation. Student who missed a quiz cannot make up later, so these quizzes are student’s responsibility. • The made up quiz may allow for student who have a physical condition with well medical document from doctor/hospital. • The quiz is prepared from the class material that are learned in class and reading list. Individual Report • The individual report (if the class is larger than 40 students – I allowed for couple work) will be submitted one week after the final exam. The first draft will be submitted one week after the midterm exam. • The report must be included cover (with title and your name), preface, chapters, which contain introduction, literature review, methodology (if applicable), data and source, analysis section or result, and summary (policy recommendation). • Instructor does not specify the topic; you may select topics by yourselves. However, topic should be included in the context of labor economics and issues in class. • The empirical study and theoretical study are equally preferred in term of score judgment. • Students who plan to apply the advanced technique/methodology must be got a permission and guidance from instructor. • The score will be based on completion of section, writing of literature review (linkage, significance, and grouping), methodology, and result of study with conclusion and policy implication. • Copy and plagiarize are prohibited by faculty and program rule, so the score will be adjusted to zero for plagiarism or copy without appropriate citation and reference (see MLA or APA citation style). • The examples of style are in website • MLA Style: http://www.liu.edu/CWIS/CWP/library/worksh op/citmla.htm • APA Style: http://www.liu.edu/CWIS/CWP/library/worksh op/citapa.htm • Chicago Style: http://www.liu.edu/cwis/cwp/library/workshop /citchi.htm Important Days • Class Begin • Adding and Dropping • University Sport Game* Jan 4 Jan 4 – 18 Friday – Saturday 22-30 • Midterm Exam Friday 5th March 2010, 12.30 – 14.00 (No lecture at 3rd March due to midterm week) • Songkran Festival* Wednesday 14, April • Class End May 4 • Final Exam Thursday 13rd May 2010, 9.00 – 12.00 Question?? Please Give Me Information! • • • • • Name and Nickname Year, Major, Minor, GPA. Background – Econometric / Calculus Expectation from this course Policy Change?