EC306 Syllabus
Instructor
- Prof. Justin Smith
- Lazaridis Hall 3091
- jusmith@wlu.ca
- + 1 (548) 889-4624
Course details
- Mon/Wed
- Sep-Dec 2026
- 2:30 - 3:50 PM
- LH2066
Office Hours
- Thur 12:30 PM - 2:30 PM
- Schedule an appointment
Course Description
This course introduces the fundamentals of labour market economics, focusing on how the decisions of workers, firms, and governments shape employment outcomes. Students will examine how individuals choose whether and how much to work, how firms determine hiring and wages, and how policies such as welfare, employment insurance, and taxation influence those decisions. Core concepts include labour supply and demand, human capital, gender wage gaps, and the economics of immigration. The course combines theory with empirical evidence from Canada and other countries. Students will also build analytical skills using statistical software and real-world data to evaluate contemporary labour market issues.
Course Structure
Lectures
The scheduling details of the course are as follows
| Section | Time | Location |
|---|---|---|
| A | MW 2:30-3:50pm | LH2066 |
Office Hours
I strongly encourage you to come to office hours if you need clarification about anything in the course. Students are often nervous or intimidated at the idea of one-one-one discussions with their instructor. Don’t be. It’s a casual discussion where I will answer whatever questions you have without any judgement.
Office hours are remote only, unless you really wish to meet in person. Please sign up for a time here. Timeslots are 15-mins each, and you can book up to two for each office hours session depending on how much you need to discuss. When you book, the system will automatically enter a time into my calendar, and it will stay there unless you cancel. It also produces reminder emails to make sure neither of us forgets.
Course Material
Textbook
The required textbook for the course is
Benjamin, Dwayne, Kelly Foley, Morley Gunderson, Thomas Lemieux, Tammy Schirle, and Mikal Skuterud. Labour Market Economics, 2026 Release. McGraw Hill, 2026. ISBN 978-1-26-665353-7.
Throughout this syllabus and on the course website, readings from this book are abbreviated BFGLSS, after the authors’ surnames.
This edition is digital only — there is no print version. You can get it either through the Laurier Bookstore or directly from the publisher
| Source | Book Type | Price |
|---|---|---|
| WLU Bookstore | Digital, perpetual access | $102.71, tax included |
| McGraw Hill | Digital, 180 day access | $69, plus tax |
| McGraw Hill | Digital, perpetual access | $99, plus tax |
The Bookstore option is part of Laurier’s Digital Textbook Access (DTA) program. This means the material will be loaded into our MyLearningSpace site on the first day of class, and your student account will be billed automatically after an opt-out period once you enrol in the course. Watch your MyLaurier email for details about the program and the opt-out deadline. If you do opt out, you are responsible for obtaining the book on your own.
Note that the Bookstore price includes tax while the publisher’s prices do not, so compare them accordingly. The 180 day option is the cheapest way to get the book, but access ends partway through the following term; the perpetual options do not expire.
Software
The assignments will ask you to manipulate data with the statistical software R, which you will use through RStudio. You will also write up your assignments in Quarto, a publishing system that runs inside RStudio and lets you combine your code, results, and written answers in a single document.
All three are free and open source, and you can install them on your own computer. Download R from https://cran.r-project.org, and RStudio from https://posit.co/download/rstudio-desktop/. Quarto comes bundled with RStudio, so you do not need to download it separately. The first time you render a document, RStudio may prompt you to install the rmarkdown package; say yes. R and RStudio are also available in the in-person and virtual computer labs, if you would rather not install anything. To access the virtual labs, follow the instructions outlined here
No prior programming experience is assumed. We will cover what you need in class, and there is an introduction to R on the course website.
Generative AI
My opinion is that the best way to succeed in this course is to engage with the lectures, lecture notes, textbook, and to ask questions in office hours. That said, I recognize that people will use AI.
You are permitted to use generative AI for your assignments. In all submissions in which you use generative AI, you must cite its usage. Failing to cite the use of generative AI is a form of academic misconduct and Senate Policy 12.2 Student Code of Conduct: Academic Misconduct will be applied. Treat the AI as you would any other source, meaning that you cannot directly copy and paste AI output into your assignments.
Use these tools with caution. As we all know, generative AI does not always produce reliable output, and as such you may get wrong answers to your questions.
Evaluation
You will be evaluated on in-class participation, two equally weighted assignments, one midterm, and one final exam. The weights and due dates for each assessment are as follows:
| Assessment | Due Date | Weight |
|---|---|---|
| Participation | Throughout the term, in class | 10% |
| Assignment 1 | Friday, October 9, 2026 at 9:00pm | 5% |
| Assignment 2 | Friday, December 4, 2026 at 9:00pm | 5% |
| Midterm | Monday, November 9, 2026, in class | 35% |
| Final Exam | TBA | 45% |
Participation is measured with iClicker. During most lectures I will pose multiple choice questions that you answer in class using iClicker on your phone, tablet, or laptop. Graded class participation will begin in the first class of week 2 (the week of September 14th) and continue over the term.
Each lecture is scored out of 5 points. Your score is determined by a participation component and a performance component. For the participation component, you will earn 3 points for answering at least 75% of the questions (whether correct or not), and 0 points otherwise. For the performance component, you will earn 1 point for each question answered correctly, and 0 points for each question answered incorrectly. Your grade for each lecture is the sum of the participation and performance components, to a maximum of 5 points.
Your final participation grade, worth 10% of your final course grade, will be the average of your best 16 scores. The lowest scores will not count, to allow for absences from class due to illness, forgotten devices, dead batteries, etc. Because the questions are answered live during class, participation marks cannot be made up afterward.
Assignments will ask you to manipulate and interpret data, and answer some short answer or mathematical questions. Instructions will be posted to MyLearningSpace one week prior to the due date.
Both the midterm and final exam will be in person. The midterm will take place in the classroom where the lectures take place at the scheduled lecture time. The final exam schedule is posted roughly half way through the term.
In the past I have placed more weight on the assignments and less weight on the in-person exams, but the pervasive use of generative AI has made it impossible to verify that assessments done outside of the classroom were actually completed by the student. So while take-home assignments are still part of the course, they do not constitute a large proportion of the grade.
Topics
Below is a list of tentative topics covered in the course, with the textbook chapter that goes with each. I may add or remove items depending on how quickly the course proceeds.
| Topic | Readings |
|---|---|
| Introduction to Labour Market Economics | BFGLSS Chapter 1 |
| Introduction to the Canadian Labour Market, Measurement, and Research | BFGLSS Chapter 2 |
| Labour Supply | BFGLSS Chapter 3 |
| Labour Supply and Income Support Programs | BFGLSS Chapter 4 |
| Labour Supply and Social Insurance Programs | BFGLSS Chapter 5 |
| Labour Supply and Early Career Decisions | BFGLSS Chapter 6 |
| Labour Supply and Later Career Decisions | BFGLSS Chapter 7 |
| Labour Demand | BFGLSS Chapter 8 |
| Labour Demand in Global Markets | BFGLSS Chapter 9 |
| Labour Demand and Technology | BFGLSS Chapter 10 |
| Competitive Labour Markets | BFGLSS Chapter 11 |
| Imperfectly Competitive Labour Markets | BFGLSS Chapter 12 |
| Human Capital Theory: Applications to Education and Training | BFGLSS Chapter 14 |
| Wage Differentials Among Diverse Population Groups | BFGLSS Chapter 15 |
Department Learning Outcomes
The Department of Economics has developed a set of learning goals and objectives that we expect students to meet by the end of the program. This course covers the following
| GOAL | OBJECTIVE |
|---|---|
| 1. Graduates will have a broad understanding of Economic Theory and Practice. | 1.1 Identify important economic institutions nationally and globally |
| 1.2 Apply appropriate microeconomic models to economic problems. | |
| 1.4 Demonstrate understanding of empirical techniques in economics. | |
| 2. Graduates will have effective communication skills. | 2.1 Write effectively in a range of different formats. |
| 3. Graduates will have professional skills relevant for careers in economics. | 3.1 Manage large datasets for the purpose of analysis. |
| 3.2 Use computer software common in economic research, including statistical analysis software. |
Course Policies
Missed Midterms
Students who miss a midterm will be given deferred midterm for the following reasons:
Religious conflict: If you have a religious commitment that interferes with the midterm exam, fill out the Student Request for Accommodation for Religious Observances form within two weeks of the start of the first day of classes.
Course conflict: If your midterm overlaps with another scheduled course, file a petition with the Lazaridis School Petitions Coordinator within two weeks of the start of the first day of classes.
Varsity Sports: If a varsity sporting event interferes with the midterm, file a petition with the Lazaridis School Petitions Coordinator and contact the Department of Athletics within two weeks of the start of the first day of classes. Note that this policy applies only to varsity sports; students who have non-varsity sports conflicts are not eligible for a deferred midterm
Students who miss a midterm and have an acceptable medical or compassionate reason will have the weight of the midterm transferred to the final exam. In the case of medical reasons, I require that students complete the Absence for Medical Reasons Self-Declaration Form. Note that no medical notes are required or requested.
In all other circumstances, students who miss a midterm will receive a grade of zero on the test.
Late Assignments
Late assignments and quizzes for religious conflicts, course conflicts, or medical/compassionate reasons as defined above will be given reasonable accommodation. In all other circumstances, students who submit late assignments or quizzes will receive a grade of zero.
Deferred Final Examinations
Students are strongly urged not to make any commitments (e.g., vacation) during the examination period. Students are required to be available for examinations during the examination periods of all terms in which they register.
Students who miss a final examination should follow the university policy on deferred final exams. As noted in the policy, deferred exams may be granted for legitimate documentable reasons only, such as illness, religious reasons, extraordinary personal or family circumstances, a scheduling conflict with another exam or 3 exams within 24 hours. Deferred exams are not granted for travel or vacation during the final exam period, commuting, or for more study time. For religious accommodations, fill out the student request for accommodation for religious observances form within 7 calendar days before the final day of classes for the term. For other reasons, submit a petition to the Lazaridis School Petitions Coordinator within 3 business days after the scheduled date of the exam.
Academic Integrity
Laurier is committed to a culture of integrity within and beyond the classroom. This culture values trustworthiness (e.g., honesty, integrity, reliability), fairness, caring, respect, responsibility and citizenship. Together, we have a shared responsibility to uphold this culture in our academic and nonacademic behaviour. The University has a defined policy with respect to academic misconduct. As a Laurier student you are responsible for familiarizing yourself with this policy and the accompanying penalty guidelines, some of which may appear on your transcript if there is a finding of misconduct. The relevant policy can be found at Laurier’s academic integrity website along with resources to educate and support you in upholding a culture of integrity. Ignorance is not a defense.
Wilfrid Laurier University uses software that can check for plagiarism. Students may be required to submit their written work in electronic form and have it checked for plagiarism. Refer to the Handbook on Undergraduate Course Management for more information.
Accessible Learning
Contact Accessible Learning if you require academic accommodations because of a disability. Review the Registration page for information about intake and documentation requirements. Deadlines: Students are responsible for meeting posted deadlines for registering with Accessible Learning and booking accommodated exams. Accessible Learning cannot guarantee accommodations for requests received after posted deadlines.
Student Privacy
Wilfrid Laurier University uses a range of technologies to facilitate in-person and remote instruction. Zoom is currently used for remote course delivery, including lectures, seminars, and group office hours, which may be recorded, stored and shared through MyLearningSpace for access by students in the course. For these course activities, students are permitted to turn off their cameras or use an alternative name to maintain their privacy after they have confirmed this with their instructor. Lectures will be recorded using a voice recorder in order to generate summaries. Student personal information is collected and used in the course in accordance with University policies and the Notice of Collection, Use or Disclosure of Personal Information.
Intellectual Property
The educational materials developed for this course, including, but not limited to, lecture notes and slides, handout materials, examinations and assignments, and any materials posted to MyLearningSpace, are the intellectual property of the course instructors. These materials have been developed for student use only and they are not intended for wider dissemination and/or communication outside of a given course. Posting or providing unauthorized audio, video, or textual material of course content to third-party websites violates instructors’ intellectual property rights, and the Canadian Copyright Act. Recording lectures in any way is prohibited in this course unless specific permission has been granted by instructors. Failure to follow these instructions may be in contravention of the university’s Student Non-Academic Code of Conduct and/or Code of Academic Conduct, and will result in appropriate penalties. Participation in this course constitutes an agreement by all parties to abide by the relevant University Policies, and to respect the intellectual property of others during and after their association with Wilfrid Laurier University.
Hawk Walk, the Wellness Centre, and the Student Food Bank
Multi-campus Resources
Student Rights Advisory Committee (studentsrights@wlu.ca): The Student Rights Advisory Committee exists to provide you with information about your rights when it comes to landlord-tenant issues or academic appeals. While in no way legal representation, it can help to inform you about your options to make difficult situations easier to navigate. ·
Empower Me - Mental Health Resources provided by Dialogue: Empower Me is a mental health and wellness service that seeks to contribute to a resilient student community by supporting existing on-campus and community mental health resources. Empower Me has a number of professionals with various domains of expertise, including psychology, psychotherapy, social work, nutrition, etc., to support you and respond effectively to diverse needs. You can access services via telephone, videoconference, or in-person. Empower Me is: available 24/7, 365 days a year, confidential, multilingual, culturally sensitive, gender-inclusive, and faith inclusive.
The Essentials - Legal Care Program: The Essentials, Legal Care Program allows students to access a legal consultation service. Students are free to consult a duly certified lawyer regarding any legal questions. Upon filling out the Support Form, students can expect a response from legal counsel within approximately 48 hours (business days) about next steps and assistance that is required to navigate housing disputes, employment disputes, disputes with an academic institution, and public notaries. Students can also seek legal representation when their case qualifies for further counsel.
Kitchener/Waterloo Resources
Emergency Response Team | ert@wlu.ca: The Emergency Response Team provides medical assistance to students on campus. ERT can be booked for on-site event support by filling out the online booking request form on their website.
Hawk Walk | 519.886.3668 | walkw@wlu.ca| Hawk Walk is a volunteer operated safe walk-home service, available daily during evening hours. Teams of two radio-dispatched volunteers are available on request to escort students to and from campus as well as to off-campus destinations. Hawk Walk can be found on the 2nd floor of the Fred Nichols Campus Centre next to the Dean of Students Office.
Food Bank | foodbank@wlu.ca | Food Bank provides food parcels to cater to the nutritional and dietary needs of students. All students are eligible to use this service, regardless of circumstance or financial situation. Request a package at https://www.yourstudentsunion.ca/food-bank