Information Package / Course Catalogue - Adnan Menderes University

General Information Unit Staff Academic Information Programme Outcomes Course Structure Diagram Contact Information

Person Responsible for Information Package

Prof. Mustafa KESEN

Assoc. Prof. Beyza ERER

Assoc. Prof. Didem TEZSÜRÜCÜ COŞANSU

Assoc. Prof. Funda ODUNCUOĞLU

Lec. Derya GÜL ÖZTÜRK

Labour Markets

Course Code	: İK221
Course Type	: Area Elective
Couse Group	: First Cycle (Bachelor's Degree)
Education Language	: Turkish
Work Placement	: N/A

Theory	: 3
Prt.	: 0
Credit	: 3
Lab	: 0
ECTS	: 6

Objectives of the Course

The objective of the Labour Market course is to provide students with an understanding of the structure, functioning, and dynamics of labour markets. This course aims to equip students with comprehensive knowledge of labour supply and demand, wage formation, types of unemployment, and policies affecting labour markets. Additionally, it seeks to evaluate the economic, social, and political impacts of labour markets.

Course Content

The Labour Market course covers fundamental topics such as determinants of labour supply and demand, wage theories, causes and types of unemployment, and labour market policies. The course utilizes both microeconomic and macroeconomic approaches to understand how labour markets function. Students will examine the impact of labour markets on economic growth, income distribution, and social justice, and will reinforce theoretical knowledge with practical case studies.

Name of Lecturer(s)

Prof. Fuat MAN

Learning Outcomes

1.	To be able to learn the historical evolution of labor markets.
2.	To be able to do analyze ortodox and heterodox theoritical approaches to labor markets.
3.	To be able to analyze the effects of unions and regulative government institutions to labor markets in labor markets.
4.	To be able to learn comprehensized information about unemployment, inflation, growth, migration, race, gender and wages
5.	To be able to analyze different aspects like poverty, racism, sexim and etc in the labor markets.

Recommended or Required Reading

1.	McConnell, Brue & MacPherson, Contemporary Labor Economics, 8th edition,McGraw-Hill, 2009

Weekly Detailed Course Contents

Week 1 - Theoretical

Labor and Labor studies: Introduction

Week 2 - Theoretical

Labor factor in the evolution of economical thought: labor in the classical and neo classical economics, labor and wages in Keynesian economic analysis, the evolution of labor economics as a discipline after 1945, last trends in labor economics

Week 3 - Theoretical

Personal and compound labor supply theories, statical work-leisure time preference theory, the effects of social programmes and incom taxes, Life cycle models, house hold labor supply models

Week 4 - Theoretical

Personal and compound labor supply models, constant cost profit and labor demand models, adaptive costs and dynamic labor demand models.

Week 5 - Theoretical

Institutional and competitive labor demand models, the evolution of wage structure and differences, productivity and wage relationship

Week 6 - Theoretical

The evolution of unions and collective contracts, the trend of union membership and the determinants of union membership, the effects of unions on wages, the evolution of collective contracts as an institution, economical analysis of effective bargaining and collective contract, unions, bargaining, productivity, relationship between inflation and employment

Week 7 - Theoretical

Government and labor markets, the evolution and the structure of labor laws

Week 8 - Theoretical

Employment and the reasons of unemployment, unemployment insurance and temporary unemployment, the types of unemployment

Week 9 - Theoretical

Calculation of the statistics about labor markets , usage of calculations, empirical examples, comparisons of different country data sets.

Week 10 - Theoretical

Calculation of the statistics about labor markets , usage of calculations, empirical examples, comparisons of different country data sets. (A midterm will be held in this week except the course hour)

Week 11 - Theoretical

Calculation and use of statistics on labor markets, empirical examples, comparison of data sets of different countries

Week 12 - Theoretical

Calculation and use of statistics for labor markets, empirical examples, comparison of data sets of different countries

Week 13 - Theoretical

Calculation and use of statistics on labor markets, empirical examples, comparison of data sets of different countries

Week 14 - Theoretical

Concluding remarks

Assessment Methods and Criteria

Type of Assessment	Count	Percent
Midterm Examination	1	%40
Final Examination	1	%60

Workload Calculation

Activities	Count	Preparation	Time	Total Work Load (hours)
Lecture - Theory	13	2	3	65
Individual Work	13	0	3	39
Midterm Examination	1	20	1	21
Final Examination	1	25	1	26
TOTAL WORKLOAD (hours)				151

Contribution of Learning Outcomes to Programme Outcomes

	PÇ-1	PÇ-2	PÇ-3	PÇ-4	PÇ-5	PÇ-6	PÇ-7	PÇ-8	PÇ-9	PÇ-10	PÇ-11	PÇ-12	PÇ-13	PÇ-14	PÇ-15
OÇ-1		3		4		5		5			5				5
OÇ-2	3		5		5			5		5				5	5
OÇ-3
OÇ-4
OÇ-5	3		3	4		4		4		4		4			4