Information Package
baskent.edu.tr

Program of Economics (Turkish)

ECON409

LABOR ECONOMICS

Course Code
ECON409
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Understand the theory of labor demand and labor supply
  2. Analyze the labor market equilibrium by using the theory of labor demand and labor supply
  3. Analyze the effectiveness of the labor market policies by using relevant techniques
  4. Understand return to schooling, training, and migration by using human capital theory
  5. Understands the measurable and unmeasurable sources of income inequalities.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsSIBU111, SIBU107, EKON205, EKON214, EKON207, EKON216
Course DescriptionLabour Economics is a field of science that emerged from the intersection of Social Policy and Economics, examining the labour market, the regulatory mechanisms of working life, and its actors in all their dimensions. In this course, we will analyze the primary regulatory actors of working life (the state, employees, employers, and trade unions) comprehensively. Furthermore, we will examine the labour market and its quest for equilibrium, the causes of income inequality, the impact of unions and collective bargaining on labour markets, Human Capital Theory, and the issues of unemployment, income distribution, and poverty.
Course Contents
WEEK TOPICS
1st Week The development of the wage system, the Industrial Revolution, the birth of Social Policy, and the emergence of Labour Economics
2nd Week The relationship between Labour Economics and Social Policy; the position of Labour Economics within economic analysis
3rd Week Overview of the Labour Market
4th Week Labour Demand
5th Week Labour Supply
6th Week Explaining Wage Differentials
7th Week Midterm Exam
8th Week Discrimination in the Labour Market
9th Week Labour Mobility
10th Week Trade Unions, Collective Bargaining, and Strikes
11th Week Unemployment
12th Week Income Distribution and Poverty
13th Week Selected Contemporary Topics in Labour Economics (Flexibility, Industry 4.0, Artificial Intelligence)
14th Week Current Issues in Labour Economics
Recommended or Required ReadingATAMAN, Berrin Ceylan(2024), Çalışma Ekonomisi,3. Baskı, Siyasal
Kitabevi.
BORJAS, J. George(2015), Çalışma Ekonomisi, 6. Baskı Dora Yayıncılık.
ÖZDEMİR, Mustafa Çağlar, Neo Klasik Teori ve Pratik Uyuşmazlığında
Çalışma Ekonomisi(2025), 1. Basakı, Sakarya Yayıncılık
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Problem Solving
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Assignment 1 20
Total(%) 60
Contribution of In-term Studies to Overall Grade(%) 60
Contribution of Final Examination to Overall Grade(%) 40
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 2 2
Preparation for Quiz 4 3 12
Individual or group work 14 3 42
Preparation for Final exam 1 25 25
Course hours 14 3 42
Preparation for Midterm exam 1 25 25
Laboratory (including preparation) 0 0 0
Final exam 1 2 2
Homework 0 0 0
Total Work Load150
Total Work Load / 30 (h)5
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No

Programme Qualifications / Learning Outcomes

LO1 LO2 LO3 LO4 LO5
K1 X
K2 X X
K3 X X
K4 X X X X X
K5 X X X X X
K6
K7 X X X X X
K8 X X
K9
K10 X X X
K11
K12
K13 X X