Program Description

Labour economics seeks to understand the functioning and dynamics of the markets for wage labour. Labour markets function through the interaction of workers and employers. Labour economics looks at the suppliers of labour services (workers), the demands of labour services (employers), and attempts to understand the resulting pattern of wages, employment, and income.

One of the most important ideas in labor economics is to think of the set of marketable skills of workers as a form of capital in which workers make a variety
of investments. This perspective is important in understanding both investment incentives, and the structure of wages and earnings.

The Labor and Population Economics field focuses on studying the various theoretical and empirical aspects of labor markets and the employment relationship. Topics include: static and dynamic labor supply and demand, human capital, unemployment, job matching and turnover, determinants of wage differences and discrimination, union wage and employment determination, empirical methods in labor markets analysis including structural and quasi experimental estimation methods.

Program Highlights

The aim of the course is to understand: the behaviour of employees and employers and of collective groups which they may form; how the labour market works and the macroeconomic and distributional outcomes it produces; the policies and practices of organisations towards their employees; government policy towards labour issues. Most of the topics can be studied from an international perspective.

Topics covered include:

The Supply of Labour

The Demand for Labour

Market Equilibrium

Minimum Wages

Human Capital - Schooling/Training

Immigration

Personnel Economics: Principal-Agent and Tournaments/Performance Pay

Economics of Trade Unions: Theory/Evidence

Macroeconomics of Unemployment: Theory/Evidence

Wage Inequality and Skill-Biased Technical Change

Wage Inequality at the Very Top: Evidence and Policy

Entry Requirements

1. Non-Chinese citizens in good health, with valid passport;
2.Above the age of 18 and below 40, and should abide by Chinese law and the regulations of Sichuan University. They should also respect Chinese social customs and codes of conduct;
3.With degree equivalent to a bachelor in China or just finished a bachelor from a Chinese university, good grades.

Required Documents

1. Application Form

2. Health certificate

3. Current Resume

Written in Chinese or in English

4. MBA Study plan

Including study purpose, research interest and research plan in brief.

5. Two Letters of Recommendation

Two from professor or associate professor or equivalents, one from company leaders or cooperators

6. Bachelor's degree diploma

Graduation certificate in languages other than Chinese or English should be translated into Chinese or English and be certified by notarization.

7. Undergraduate school transcript

8. Passport photo

A recent passport-sized photo of the applicant

9. Photocopy of valid passport

With name, passport number & expiration date, and photo included

• Question: What is the cost of applying through ACASC?

Answer: ACASC charges a service fee of 50$ for using its online application portal. Applying through ACASC into Chinese universities attracts a service fee of $50.

• Question: Can I apply to the university directly?

Answer: Yes. ACASC gives the applicants, the chance to directly apply to their desired universities through our online application portal. We have synchronized our system to create a simple platform that connects universities and colleges in China to international students all around the world.

• Question: How can I track my application status?

Answer: To track the application status, please log in your ACASC personal account. Whenever there’s an update, you will be informed on your application status through ACASC system within a day as soon as we receive university’s notification. You will simultaneously receive ACASC auto-email about the application status. To directly inquire about your application status, feel free to send us an email to admission@acasc.cn and our team will keep you updated.

• Question: How to deal with a pending application?

Answer: When an application is pending a decision it means that your school has received it and no admissions decision has been made yet. The admissions office may have reviewed your application package or may not have.

The main cause of a pending application is usually incomplete application documents. As a result you will be requested by the school’s admission office to re-check and modify all submitted application documents or perhaps even add extra documents and then re-submit them.

To avoid further delays, carefully read the university’s comments, modify your application form on ACASC, and re-upload the required application documents. You can contact ACASC on admission@acasc.cn for any help with regards to your pending application

• How long does it take to process my application?

Processing time varies for different applications. For example to process a degree program application requires more time than a Chinese language application. Confirmation for Chinese language application by the admission office usually takes 2 to 4 weeks. However, time for degree programs application differs. For example fall semester application processing is after March, and it takes a period of 1 to 2 months. This also depends on your qualification and the number of applicants.