Economics

Labor Economics(ECON488)

Course Code Course Name Semester Theory Practice Lab Credit ECTS
ECON488 Labor Economics 5 3 0 0 3 4
Prerequisites
Admission Requirements
Language of Instruction Turkish
Course Type Elective
Course Level Bachelor Degree
Course Instructor(s) Mustafa ULUS mulus@gsu.edu.tr (Email)
Assistant
Objective Introduce the basic concepts of labor economics and analysis of the main problems of the Turkish Labor Market
Content Labor supply; Human capital and signaling theories; static labor demand; compensating wage differentials model; Structural problems of Turkish labor market
Course Learning Outcomes At the end of the course students are expected to understand and analyze:
1. Major determinants of labor supply
2. Links between education and the labor market
3. Determinants of labor demand
4. Different mechanisms of wage determination
5. Major problems of Turkish labor market
Teaching and Learning Methods Lecture
References Labor Economics, Cahuc, P. and A. Zylberberg, MIT Press 2004,
Labor Economics, Borjas, G,J, Mc Graw Hill, 2012
Print the course contents
Theory Topics
Week Weekly Contents
1 Introduction and basic concepts
2 Neoclassical labor supply
3 Extensions of neoclassical labor supply model
4 Education and labor, basic indicators
5 Human capital and signalling theories
6 Labor supply in Turkey and the quality of labor supply
7 Static labor demand, short term
8 Labor demand, long term
9 Midterm exam
10 Wage differentials and determination of wages
11 Wage differentials and determination of wages continued
12 Structural problems of Turkish labor market
13 Structural problems of Turkish labor market continued
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
1 Demonstrate a basic knowledge of different economic theories and main discussions driving current theoretical approaches X
2 Demonstrate ability to use basic qualitative and quantitative methods to asses different economic questions of applied fields X
3 Show a sound understanding of current economic discussions and problems X
4 Have an effective and clear communication in written and oral formats in different public and professional contexts.
5 Demonstrate basic knowledge of the world economic history and a sound knowledge of the Turkish economic history
7 Demonstrate knowledge of standard quantitative techniques and empirical models used in economics X
8 Show ability to apply basic economic theory to an applied topic X
9 Show a basic understanding of analytical methods, both theory- and model-based X
10 Show ability to use economic concepts to discuss current economic issues X
11 Reason logically and work analytically X
12 Show awareness on social aspects of the economics in different applied and theoretical fields X
13 Identify appropriate economic models to analyse problems X
16 Show understanding of basic statistical and econometric concepts and ability to apply basic concepts to own empirical work X
17 Demonstrate a sound knowledge of the current economic issues in Turkey and a general knowledge of the issues in the world economy X
Activities Number Period Total Workload
Class Hours 14 3 42
Working Hours out of Class 10 2 20
Assignments 0 0 0
Presentation 0 0 0
Midterm Examinations (including preparation) 1 15 15
Project 0 0 0
Laboratory 0 0 0
Other Applications 0 0 0
Final Examinations (including preparation) 1 20 20
Quiz 0 0 0
Term Paper/ Project 0 0 0
Portfolio Study 0 0 0
Reports 0 0 0
Learning Diary 0 0 0
Thesis/ Project 0 0 0
Seminar 0 0 0
Other 0 0 0
Total Workload 97
Total Workload / 25 3,88
Credits ECTS 4
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