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Training Courses

Economics of Labour Markets

Course Code
FA104
Category
Finance And Accounting
Course ID
2618
Course Outline

Course Overview

This DIXONTECH training program provides professionals with an in-depth understanding of the economics of labour markets and workforce dynamics. It explores how labour demand, supply, wages, and employment policies interact within modern economies. Participants will analyze real-world labour data, policy frameworks, and institutional influences shaping employment, productivity, and wage determination. The course combines theory with empirical evidence to enhance participants’ ability to interpret and apply labour market insights in policy and management decisions.

TRAINING TOPICS

  • Introduction to Labour Market Economics and Key Concepts
  • Labour Demand and Supply Determinants
  • Wage Determination and Labour Productivity
  • Human Capital Theory and Investment in Skills
  • Unemployment: Types, Causes, and Economic Impacts
  • Labour Market Institutions and Collective Bargaining
  • Gender, Diversity, and Equality in Labour Markets
  • Labour Migration and Global Workforce Mobility
  • Public Policy, Taxation, and Labour Regulation
  • Technological Change and the Future of Work

BY THE END OF THIS TRAINING COURSE, DELEGATES WILL BE ABLE TO:

  • Understand labour demand, supply, and equilibrium
  • Evaluate wage formation and productivity trends
  • Assess policy impacts on employment and income distribution
  • Apply labour market theories to practical cases
  • Analyze effects of globalization and technology on work
  • Support strategic workforce and policy planning decisions

TRAINING IS TAILORED TO:

  • Economists and policy analysts
  • HR and labour relations managers
  • Public sector officials and planners
  • Researchers and social development experts
  • Trade union and employer organization representatives
  • International development and NGO professionals

TRAINING METHODOLOGY

The course blends lectures, discussions, and data-driven analysis. Participants will engage in case studies, statistical exercises, and policy simulations using global labour market datasets. Interactive sessions ensure the integration of theoretical knowledge with practical policy applications and workforce strategy insights.

DAY 1

Foundations of Labour Market Economics

  • Define the scope and significance of labour economics
  • Explore historical and modern labour market theories
  • Identify key labour market indicators and measures
  • Understand demand and supply interactions in labour markets
  • Review global labour trends and workforce challenges
  • Analyze the role of institutions in market regulation

DAY 2

Labour Demand, Supply, and Wage Determination

  • Examine factors influencing labour demand and elasticity
  • Analyze household labour supply and participation rates
  • Understand equilibrium and disequilibrium in labour markets
  • Study wage formation and productivity relationships
  • Assess real vs. nominal wages and inflation impacts
  • Apply models to forecast wage and employment trends

DAY 3

Human Capital, Productivity, and Unemployment

  • Understand human capital investment and returns on education
  • Measure productivity and its determinants
  • Evaluate unemployment theories and empirical evidence
  • Differentiate between cyclical, structural, and frictional unemployment
  • Assess policies addressing unemployment and skills gaps
  • Case study: Labour productivity in emerging economies

DAY 4

Institutions, Labour Relations, and Policy Frameworks

  • Explore collective bargaining and union economics
  • Review minimum wage policies and their effects
  • Examine taxation and social insurance systems
  • Analyze gender, diversity, and equal opportunity policies
  • Study migration, remittances, and international labour mobility
  • Compare labour institutions across global economies

DAY 5

Technological Change, Globalization, and Future of Work

  • Assess automation and digitalization effects on jobs
  • Explore new forms of work: gig, hybrid, and platform-based models
  • Examine workforce adaptability and reskilling strategies
  • Analyze globalization’s influence on employment patterns
  • Review policy responses to technological transformation
  • Develop strategic insights for future labour market management

 

Course Schedule

Discounts and Registration

Group & Corporate Discounts:
Available for companies enrolling multiple participants to help maximize ROI.
Individual Discounts:
Offered to self-sponsored participants who pay in full and upfront.
Registration Process:
Corporate nominations must go through the client’s HR or Training department.
Self-nominations must be prepaid via the “payment by self” option.
Confirmation:
All registrations are subject to DIXONTECH’s approval and seat availability.
Refunds:
Provided in case of course cancellation or no seat availability.
Tax Responsibility:
Clients are responsible for any local taxes in their country.