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Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS CEK 4011 WAGE THEORY AND POLICY ELECTIVE 3 0 0 5

Offered By

Labour Economics and Industrial Relations

Level of Course Unit

First Cycle Programmes (Bachelor's Degree)

Course Coordinator

PROFESSOR DOCTOR TUNÇ DEMIRBILEK

Offered to

Labour Economics and Industrial Relations Labour Economics and Industrial Relations

Course Objective

To teach the theory and policies affecting the formation of wage, by analyzing factors that led to the wage differentials and wage injustice in labour market, to express its relationship with government, enterprises, trade unions and with the structure of the labor force.

Learning Outcomes of the Course Unit

1   Being able to analyze the factors affecting the formation of wage 2   Being able to assess the wage theories in todays economic and social structure 3   Being able to evaluate chance of success of wage policies in terms of global economy and the country's economy 4   Being able to analyze relationships between wage levels and factors such as unemployment, inflation, the minimum wage, flexible working policies and trade unions 5   Being able to determine the effects of globalization on wages

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description 1 Concept of Wage 2 Wage Theories: Subsistence Wage, Wage Fund, Surplus Value, Marginal Productivity, Bargaining, Rezervation Wage 3 Wage Formation and Differentiation 4 Flexibility and Wage in Labour Market 5 Wages and Economic Growth 6 Wages and Inflation 7 Wages and Unemployment 8 Midterm Exams 9 Midterm Exams 10 Labour Union and Wages 11 Government and Wages 12 Enterprises and Wages 13 Wages and Income Distribution 14 Minimum Wage 15 Informal Economy and Market Wage 16 General Assessment

Recomended or Required Reading

Çakır, Özlem. (2005). Ücret Adaletinin Iş Davranışları Üzerindeki Etkileri, Ankara. Işığıçok, Özlem. (2007). Ücret, Teorisi, Politikası, Yönetimi, Sistemleri, Bursa: Marmara Kitabevi.

Planned Learning Activities and Teaching Methods

Lecture, Question-Answer, Discussion, Assignment

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA 1 STT TERM WORK (SEMESTER) 2 MTE MIDTERM EXAM 3 MTEG MIDTERM GRADE STT * 0.50 +MTE * 0.50 4 FIN FINAL EXAM 5 FCG FINAL COURSE GRADE MTEG * 0.40 + FIN * 0.60 6 RST RESIT 7 FCGR FINAL COURSE GRADE (RESIT) MTEG * 0.40 + RST * 0.60 *** Resit Exam is Not Administered in Institutions Where Resit is not Applicable.

Further Notes About Assessment Methods

None

Assessment Criteria

To be announced.

Language of Instruction

Turkish

Course Policies and Rules

To be announced.

Contact Details for the Lecturer(s)

+90.232.3010351 t.demirbilek@deu.edu.tr

Office Hours

Friday 04.00 pm-05.00 pm

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours) Lectures 12 3 36 Preparations before/after weekly lectures 12 6 72 Preparation for midterm exam 1 5 5 Preparation for final exam 1 8 8 Preparing assignments 1 10 10 Midterm 1 1 1 Final 1 1 1 TOTAL WORKLOAD (hours) 133

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 PO.11 PO.12 LO.1 1 1 1 LO.2 1 1 1 LO.3 1 1 1 LO.4 1 1 1 LO.5 1 1 1