Information Package / Course Catalogue
Labor Economics
Course Code: EKO532
Course Type: Area Elective
Couse Group: Second Cycle (Master's Degree)
Education Language: Turkish
Work Placement: None
Theory: 3
Prt.: 0
Credit: 3
Lab: 0
ECTS: 5
Objectives of the Course

The purpose of this course, and solutions to market failures, and the private sector and public sector based on comparative analysis and transmission of information to the public theory.

Course Content

Introduction to labor economics, labour supply, individual labor supply, the practices related with labor supply, labor demand, labor demand in perfect competition and different market structures, the theory of labor supply and the theory of labor demand, technological changes and labor demand, the practices of labor demand services, equilibrium, inequilibrium and adjusment, static and dynamic equilibrium in different market structures, human capital, models of labor contracts, ınstıtutional analyze of labor relationship.

Name of Lecturer(s)
Learning Outcomes
1.Understands the basic principles of work economy
2.Working life can analyze the determining factors,
3.Knows the functions of trade unions and social life of work
4.Will have information about the methods of collective bargaining.
5.Can make an analysis about subjects and can comment on economy
Recommended or Required Reading
1.BİÇERLİ, M. Kemal(2007), Çalışma Ekonomisi, Beta Yayınevi, İstanbul.
Weekly Detailed Course Contents
Week 1 - Theoretical
The aim of the course and scope and method, the definition of economics, looking for issues of concern and answer questions, relationship between economics and other sciences
Week 2 - Theoretical
The basic concepts of the economy
Week 3 - Theoretical
Introduction to the theory of price, supply and demand concepts
Week 4 - Theoretical
The concept of the market, perfectly competitive market structure, market balance and equilibrium level changes occur
Week 5 - Theoretical
Elasticities of supply and demand and related numerical examples
Week 6 - Theoretical
Introduction to the theory of consumer, benefit measurability problem
Week 7 - Intermediate Exam
Revision of Midterm Exams
Week 8 - Intermediate Exam
Midterm Exams
Week 9 - Theoretical
According to the cardinal and ordinal approach to determine the balance of consumer
Week 10 - Theoretical
Manufacturer Introduction to the theory, the law of diminishing returns and the returns to scale
Week 11 - Theoretical
Truth with the help of co-products and co-cost the optimal combination of factors and the firm's expansion path selection, short-term and long-term cost curves
Week 12 - Theoretical
Introduction to price theory, perfectly competitive market, the balance of the company, monopoly market equilibrium imperfect competition markets
Week 13 - Theoretical
Monopsony and the double monopoly, monopolistic competition market, the oligopolistic market equilibrium and the firm
Week 14 - Theoretical
Supply and their demand for factors of production
Week 15 - Final Exam
Final Exams
Week 16 - Final Exam
Final Exams
Assessment Methods and Criteria
Type of AssessmentCountPercent
Midterm Examination1%40
Final Examination1%60
Workload Calculation
ActivitiesCountPreparationTimeTotal Work Load (hours)
Lecture - Theory153390
Midterm Examination110212
Final Examination120222
TOTAL WORKLOAD (hours)124
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
OÇ-1
4
3
3
5
2
3
5
5
4
4
4
4
4
OÇ-2
4
3
3
5
2
3
5
5
4
4
4
4
4
OÇ-3
4
3
3
5
2
3
5
5
4
4
4
4
4
OÇ-4
4
3
3
5
4
3
5
5
4
4
4
4
4
OÇ-5
4
4
4
4
4
4
4
4
4
4
4
4
4
Adnan Menderes University - Information Package / Course Catalogue