Information Package / Course Catalogue
Labor Economics
Course Code: İKP525
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 this course is to acquaint students with traditional topics in labor economics and to encourage the development of independent research interests. Upon successful completion of this course, students will be able to: (1) Demonstrate an understanding of basic labor economics theory, including labor market structures and wage determination. (2) Apply their understanding of theoretical models to analyze trends in data pertaining to topics in labor economics. (3) Construct, defend, and analyze important labor policy issues. (4) Comprehend, assess, and criticize existing empirical work in labor economics.

Course Content

This course examines the development of the theories of labor supply, labor demand, and human capital in a systematic manner. Topics include wage and employment determination, labor turnover, job search, immigration, unemployment, equalizing differences, and institutions in the labor market.

Name of Lecturer(s)
Learning Outcomes
1.1. To analyze the labor markets in the world and in Turkey and evaluate the differences between the developed countries and the others.
2.2. To learn and suggest policies and applications necessary for labor markets.
3.3. To acquire the ability of interpreting, analyzing and presenting the results of the research related to labor, and answering the addressed questions.
4.4. To understand the unemployment problems that the developing and less developed countries are facing in their labor markets and to be able to discuss the required changes that need to be made to avoid the divergence trend between such countries, and to produce solutions.
5.5. To be able to analyze and compare countries, examine case studies, and plan the steps for further equality.
Recommended or Required Reading
1.BİÇERLİ, M. Kemal (2007), Çalışma Ekonomisi, Beta, İstanbul.
Weekly Detailed Course Contents
Week 1 - Theoretical
The Theory of Individual Labor Supply
Week 2 - Theoretical
Population, Participation Rates, and Hours of Work
Week 3 - Theoretical
Labor Quality: Investing in Human Capital
Week 4 - Theoretical
The Demand for Labor
Week 5 - Theoretical
Wage Determination and the Allocation of Labor
Week 6 - Theoretical
Mobility, Migration, and Efficiency
Week 7 - Theoretical
Labor Unions and Collective Bargaining
Week 8 - Intermediate Exam
Midterm Exam
Week 9 - Theoretical
Government and the Labor Market: Employment, Expenditures, and Taxation
Week 10 - Theoretical
The Economic Impact of Unions
Week 11 - Theoretical
Labor Market Discrimination
Week 12 - Theoretical
Job Search: External and Internal
Week 13 - Theoretical
The Distribution of Personal Earnings
Week 14 - Theoretical
Labor Productivity: Wages, Prices, and Employment
Week 15 - Theoretical
Employment and Unemployment
Week 16 - Final Exam
Final Exam
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory142370
Individual Work121236
Midterm Examination1819
Final Examination19110
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
OÇ-1
4
3
4
4
4
4
4
OÇ-2
5
4
4
4
4
4
4
OÇ-3
3
3
3
3
3
3
3
OÇ-4
4
3
4
4
4
4
4
OÇ-5
4
3
5
5
4
4
4
Adnan Menderes University - Information Package / Course Catalogue
2026