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The student will perform a labour market analysis to give a traditional overview of the market and will then discuss how findings apply to everyday life and society broadly. In the analysis students are expected to demonstrate an understanding of traditional market theory and of economic methods, followed by a critical discussion informed by research. Assessment 1 should take the form of a consultative report which includes the following elements: An introduction and context for the report; A critical discussion of traditional supply and demand including their nature; A regression analysis using the data provided and forecast future conditions; ECON6000 Assignment One Brief Page 2 of 4 A critical analysis founded on research into the concepts of nominal and real wages and their interrelationship; A drawing together and synthesis of the arguments of the report into a convincing conclusion.
