Information Package

Master's of Human Resources Management without Thesis

HRE536

LABOR ECONOMICS AND INDUTRIAL RELATIONS

Course Code
HRE536
Semester
-
Theory+Practice
3 + 0
ECTS
10
Course TypeElective Course
Course LevelMaster's Degree Without Thesis
Year of Study-
Semester-
ECTS10
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Demonstrates the ability to explain and analyze labor markets and their fundamental characteristics.
  2. Analyzes and evaluates current developments and trends in labor markets.
  3. Demonstrates the ability to analyze labor markets using relevant economic and social perspectives.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme Components
Course DescriptionThis graduate-level course examines the fundamental concepts, theoretical perspectives, and contemporary practices in labor economics and industrial relations. The course covers labor markets, employment structures, wage theories, unemployment, working conditions, labor policies, trade unions, collective bargaining processes, industrial relations systems, social policy, employee rights, and global trends in the world of work. Students develop the ability to analyze the economic and social dynamics of labor markets, evaluate interactions among industrial relations actors, and formulate policies and strategies related to working life. The course aims to provide a comprehensive understanding of economic, legal, and social transformations in employment relations from national and international perspectives.
Course Contents
WEEK TOPICS
1st Week Introduction: What is Labor Economics?
2nd Week Characteristics of Labor Markets
3rd Week Labor Supply: Preferences and Indifference Curves
4th Week Labor Supply: Income and Substitution Effects
5th Week Labor Supply Curve
6th Week Labor Force Participation Rate
7th Week Labor Demand: Short Run
8th Week Midterm Examination
9th Week Labor Demand: Long Run
10th Week Elasticity of Labor Demand
11th Week Wage Determination
12th Week Theories of Wages
13th Week Wage Setting
14th Week Economic Analysis of Wage Differentials
15th Week Economics of Education
Recommended or Required ReadingCahuc, P., Carcillo, S., & Zylberberg, A. (2014). Labor economics. MIT press.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 50
Other 1 50
Total(%) 100
Contribution of In-term Studies to Overall Grade(%) 100
Contribution of Final Examination to Overall Grade(%) 0
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 14 10 140
Preparation for Final exam 14 3 42
Course hours 13 3 39
Preparation for Midterm exam 8 3 24
Laboratory (including preparation)
Final exam 1 1 1
Homework 1 40 40
Total Work Load287
Total Work Load / 30 (h)9.56
ECTS Credit of the Course10
Language of InstructionTurkish
Work Placement(s)No
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