Information Package / Course Catalogue
Labor Market Analysis
Course Code: ECN519
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: N/A
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The aim of the course is to understand the historical evolution of labor markets, labor market equilibrum, wage level, gender and ethnic differences in the labor market etc, to examine theoritical subjects with ortodox, heterodox and economic-politic aspects.

Course Content

Labor and labor studies, Employment and unemployment causes, Marxist labor theory...

Name of Lecturer(s)
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.Benan Zeki Orbay, Hacer Ansal, Özlem Onaran, Suat Küçükçifçi, Türkiye Emek Piyasasının Yapısı ve İşsizlik, Tarih Vakfı Yurt Yayınları, 2000
2.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 - Intermediate Exam
Midterm Examination
Week 10 - Theoretical
Calculation of the statistics about labor markets , usage of calculations, empirical examples, comparisons of different country data sets.
Week 11 - Theoretical
Calculation of the statistics about labor markets , usage of calculations, empirical examples, comparisons of different country data sets.
Week 12 - Theoretical
Theoretical Political economy of unemployment, unemployment from Golden Age to neolibalism, labor market institutions and employment in the developped and undevelopped countries, naturel unemployment rate in the OECD countries and NAIRU analysis: NAIRU in America and Europe, alternative approaches to NAIRU and political economical criticsm, country analysis on inflation and economic growth
Week 13 - Theoretical
Marxist labor theory
Week 14 - Theoretical
Discrimination in the labor market: Racism and gender discrimination.
Week 15 - Theoretical
Discrimination in the labor market: Racism and gender discrimination.
Week 16 - Final Exam
Final Examination
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%30
Final Examination1%70
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory140342
Individual Work140228
Midterm Examination123225
Final Examination128230
TOTAL WORKLOAD (hours)125
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
3
4
2
3
OÇ-2
2
3
2
3
1
2
OÇ-3
2
2
2
2
2
2
OÇ-4
3
3
3
3
3
3
OÇ-5
2
3
2
4
2
1
Adnan Menderes University - Information Package / Course Catalogue
2026