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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS ECN 6039 LABOR MARKET ECONOMICS ELECTIVE 3 0 0 8

Offered By

Economics (English)

Level of Course Unit

Third Cycle Programmes (Doctorate Degree)

Course Coordinator

PROFESSOR YEŞIM ÜÇDOĞRUK GÜREL

Offered to

Economics (English)

Course Objective

The course aims to explore labor supply and demand theories, and understand subjects such as equilibrium wages, wage differentials, and unemployment.

Learning Outcomes of the Course Unit

1   Understand neo classical approach to equilibrium analysis of labor market 2   Understand the economic policies designed for labor market 3   Understand factors affecting labor productivity 4   Understand productivity wage relationships 5   Understand effect of economic crises on labor markets

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Labor in the History of Economic Thought 2 Labor Supply and Demand Theories I 3 Labor Supply and Demand Theories II 4 Wage Determination, Labor Productivity, Alternative Applications I 5 Wage Determination, Labor Productivity, Alternative Applications II 6 Labor Mobility and Migration 7 Midterm 8 Trade Unions and Wage Coordination 9 Effect of Macroeconomic Policies on Labor Market 10 Presentations 11 Presentations 12 Presentations 13 Presentations 14 General Overview

Recomended or Required Reading

1. McConnell, Brue & MacPherson, Contemporary Labor Economics, 8th edition, McGraw Hill, 2009. 2. Various recent articles from periodicals such as Journal of Labour Market Economics

Planned Learning Activities and Teaching Methods

1. Lectures 2. Class Discussions 3. Term Project

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 MTE MIDTERM EXAM 2 STT TERM WORK (SEMESTER) 3 FIN FINAL EXAM 4 FCG FINAL COURSE GRADE MTE * 0.30 + STT * 0.20 + FIN* 0.50 5 RST RESIT 6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.30 + STT * 0.20 + RST* 0.50 *** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner should be able to understand the causality relationships among variables of labor market such as wages, productivity, unemployment. 2. The learner should be able to analyze the impact of macroeconomic policy applications on labor markets.

Language of Instruction

English

Course Policies and Rules

It is obligatory to attend at least 70% of the classes.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 13 3 39 Preparations before/after weekly lectures 13 2 26 Preparing assignments 1 30 30 Preparation for midterm exam 1 35 35 Preparation for final exam 1 35 35 Preparation for quiz etc. 5 3 15 Preparing presentations 1 10 10 Midterm 1 2 2 Final 1 2 2 Quiz etc. 5 1 5 TOTAL WORKLOAD (hours) 199

Contribution of Learning Outcomes to Programme Outcomes

PO/LO PO.1 PO.2 PO.3 PO.4 PO.5 PO.6 PO.7 PO.8 PO.9 PO.10 LO.1 5 5 LO.2 4 5 LO.3 4 4 4 LO.4 4 4 LO.5 3 5