Labor Economics(ECK 512)
| Course Code | Course Name | Semester | Theory | Practice | Lab | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| ECK 512 | Labor Economics | 1 | 3 | 0 | 0 | 3 | 8 |
| Prerequisites | |
| Admission Requirements |
| Language of Instruction | Turkish |
| Course Type | Elective |
| Course Level | Masters Degree |
| Course Instructor(s) | Selin PELEK pelekselin@gmail.com (Email) |
| Assistant | |
| Objective | Analysis of the basic issues of the labor market and non-competitive markets' problems both theoretically and empirically |
| Content | Labor supply; Human capital and signaling theories; job search theory; labor demand; search and matching models; compensating wage differentials |
| Course Learning Outcomes |
On the completion of the course students are expected to: 1. Analyze the dynamics of labor supply 2. Identify the relationship between education and labor market 3. Analyze the job search behavior of individuals 4. Analyze the labor demand 5. Use equilibrium unemployment theory 6. Have a basic knowledge of different wage determination mechanisms |
| Teaching and Learning Methods | Formal lecture |
| References |
P. Cahuc ve A. Zylberberg, MIT Press 2004, Labor Economics North Holland, Handbook of Labor Economics Series Comprehensive reading list |
Theory Topics
| Week | Weekly Contents |
|---|---|
| 1 | introduction and basic concepts |
| 2 | Neoclassical labor supply |
| 3 | Extensions of the basic model |
| 4 | Education and labor, basic indicators |
| 5 | Human capital theory and signaling theory |
| 6 | Job search theory |
| 7 | Labor demand, short term |
| 8 | Labor demand, long term and the dynamic model |
| 9 | Midterm exam |
| 10 | Search and matching model |
| 11 | Search and matching model ctd |
| 12 | Wage differentials and determination of wages |
| 13 | Wage differentials and determination of wages ctd |
| 14 | Synthesis |
Practice Topics
| Week | Weekly Contents |
|---|
Contribution to Overall Grade
| Number | Contribution | |
|---|---|---|
| Contribution of in-term studies to overall grade | 1 | 40 |
| Contribution of final exam to overall grade | 1 | 60 |
| Toplam | 2 | 100 |
In-Term Studies
| Number | Contribution | |
|---|---|---|
| Assignments | 0 | 0 |
| Presentation | 0 | 0 |
| Midterm Examinations (including preparation) | 1 | 100 |
| Project | 0 | 0 |
| Laboratory | 0 | 0 |
| Other Applications | 0 | 0 |
| Quiz | 0 | 0 |
| Term Paper/ Project | 0 | 0 |
| Portfolio Study | 0 | 0 |
| Reports | 0 | 0 |
| Learning Diary | 0 | 0 |
| Thesis/ Project | 0 | 0 |
| Seminar | 0 | 0 |
| Other | 0 | 0 |
| Toplam | 1 | 100 |
| No | Program Learning Outcomes | Contribution | ||||
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| Activities | Number | Period | Total Workload |
|---|---|---|---|
| Class Hours | 14 | 3 | 42 |
| Working Hours out of Class | 10 | 4 | 40 |
| Midterm Examinations (including preparation) | 1 | 15 | 15 |
| Final Examinations (including preparation) | 1 | 20 | 20 |
| Total Workload | 117 | ||
| Total Workload / 25 | 4.68 | ||
| Credits ECTS | 5 | ||