TÜRKÇE
ENGLISH
Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. (ENGLISH) | |
| Code | ECOS302 |
| Name | Labour Economics |
| Term | 2024-2025 Academic Year |
| Semester | 6. Semester |
| Duration (T+A) | 2-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 2 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | FE Field Education Courses E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Doç. Dr. SANLI ATEŞ |
| Course Instructor |
Doç. Dr. ERHAN İŞCAN
(Bahar)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
This course aims to analyze the functioning of labor markets, labor supply and demand, wage determination mechanisms, and employment policies. Students will gain theoretical and empirical perspectives on topics such as unemployment, trade unions, migration, education, and the impact of technological change on labor markets. The course examines labor economics from both microeconomic and macroeconomic perspectives, helping students understand real-world labor market dynamics.
Course Content
Introduction and key concepts, labor supply: individual and household decisions, labor demand: firms’ employment decisions, wage determination theories and mechanisms, labor market imbalances and types of unemployment, trade unions and collective bargaining processes, discrimination and inequality in labor markets, education, human capital and labor productivity, migration and the impact of globalization on labor markets, technological change, automation and labor markets, flexible work models and changes in labor markets, labor market policies and government interventions, informal economy and informal employment, future labor markets and trends in work life.
Course Precondition
There are no course prerequisites.
Resources
Labor Economics, George J. Borjas, McGraw-Hill, 2016, 7th Edition
Notes
Labor Economics, George J. Borjas, McGraw-Hill, 2016, 7th Edition
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains the basic functioning of labor markets. |
| LO02 | Explain the formation of the equilibrium wage using supply-demand analysis. |
| LO03 | Explains the formation of wage differences in the workforce. |
| LO04 | Explains the ways the government regulates the labor market. |
| LO05 | Explain the effects of international migration on the labor market. |
| LO06 | Explain the economic effects of unions, collective bargaining processes, and labor policies. |
| LO07 | Explain the impact of technological change, automation and globalization on labor markets. |
| LO08 | Explains discrimination, inequality and informal employment issues in labor markets. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece and the well-running conditions of the market economy | 3 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy | 3 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Define the role of the state in economy, money and financial policies, the central bank and the structure of the market | 3 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce nymerical and policy options when confronted with problems | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 2 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 4 |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Basic Concepts of Labour Markets | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | Basic Concepts of Labour Markets-2 | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | Describing and Measuring Labour Supply | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 4 | Describing and Measuring Labour Supply-2 | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Describing and Measuring Labour Demand | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 6 | Describing and Measuring Labour Demand-2 | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | Structure of Labour Markets (Monopoly, Pure Competion, etc.) | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | Reading Related Book Chapters and Lecture Notes | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Government Policies and Regulations on Labour Markets | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 10 | Government Policies and Regulations on Labour Markets-2 | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Human Capital | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 12 | Human Capital-2 | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Effects of Mobility and Migration on Labour Markets | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 14 | Effects of Mobility and Migration on Labour Markets-2 | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | Labor Market Discrimination | Reading the Related Book Chapter | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | Reading Related Book Chapters and Lecture Notes | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Reading Related Book Chapters and Lecture Notes | Ölçme Yöntemleri: Yazılı Sınav |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Midterm Exam | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 2 | 28 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 4 | 56 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 10 | 10 |
| Final Exam | 1 | 20 | 20 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||