| Course Type | Elective Course |
| Course Level | Master's Degree With Thesis |
| Year of Study | - |
| Semester | - |
| ECTS | 10 |
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Explains labor markets and their fundamental characteristics.
- Evaluates developments in labor markets.
- Analyzes labor markets.
|
| Mode of Delivery | Face to face |
| Prerequisites | No |
| Recommended Optional Programme Components | |
| Course Description | This course examines the fundamental concepts, theories, and practices in the fields of labor economics and industrial relations. It covers topics such as labor markets, employment, unemployment, wage policies, working conditions, trade unions, collective bargaining processes, and labor-management relations. The course also analyzes the impact of economic, social, and legal factors on working life and evaluates the structure and development of contemporary employment relations. |
| 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 Exam |
|
9th Week |
Labor Demand: Long Run |
|
10th Week |
Labor Demand Elasticity |
|
11th Week |
Wage Determination |
|
12th Week |
Wage Theories |
|
13th Week |
Wage Setting |
|
14th Week |
Economic Analysis of Wage Differentials |
|
15th Week |
Economics of Education |
|
| Recommended or Required Reading | Blau, F. D., Ferber, M. A., & Winkler, A. E. (2021). The economics of women, men, and work (8th ed.). Oxford University Press. |
| Planned Learning Activities and Teaching Methods |
|
| Assessment Methods and Criteria |
|
| 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 Load | 287 |
| Total Work Load / 30 (h) | 9.56 |
| ECTS Credit of the Course | 10 |
|
| Language of Instruction | Turkish |
| Work Placement(s) | No |