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| IKT6108 | Employment, Unemployment and Wage | 3+0+0 | ECTS:7.5 | | Year / Semester | Spring Semester | | Level of Course | Third Cycle | | Status | Elective | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Nebiye YAMAK | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | In this course, it is aimed to inform the student about the formation of employment, unemployment and wage sizes in the economy in general and its sub-sectors, analysis of the equilibrium condition in the employment sector, discrimination in the labor market, determination of wage differences and labor mobility, and to enable them to analyze these issues theoretically and empirically. |
| Programme Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | PO - 1 : | Will be able to define labor market models | 1,2,3 | 1,4, | | PO - 2 : | Will be able to mathematically determine employment and wage levels in alternative labor market models | 1,2,3 | 1,4, | | PO - 3 : | Will ve able to analyze theoretically the wage levels for alternative labor markets | 1,2,3 | 1,4, | | PO - 4 : | Will be able to analyze employment, unemployment and wage levels within the scope of econometric methods | 1,2,3 | 1,4, | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), PO : Learning Outcome | | |
| Labor market participation rate, theoretical and statistical analysis of employment and unemployment rates, theoretical and empirical analysis of labor demand and labor supply, theoretical and econometric analysis of wage models, consideration of labor mobility and migration, the effects of union activities in labor markets on wages and employment rates. analyzing the effects theoretically and econometrically and determining possible wage discrimination econometrically. |
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Labor Force Participation Concept | | | Week 2 | Labor supply and Employment quantity | | | Week 3 | Investment in Human Capital | | | Week 4 | Labor demand in a perfectly competitive market | | | Week 5 | Labor demand in imperfect competition markets | | | Week 6 | Follow-up process in the labor market | | | Week 7 | Migration and mobility | | | Week 8 | Internal and external labor market | | | Week 9 | Midterm exam | | | Week 10 | Union activities in the labor market | | | Week 11 | Bargaining process in the labor market | | | Week 12 | The effects of unions on labor markets | | | Week 13 | Wage discrimination | | | Week 14 | Wage and income distribution | | | Week 15 | Interaction of the labor market with other markets | | | Week 16 | Final exam | | | |
| 1 | Hammermesh, D.S and Rees, Albert, The Economics of Work and Pay | | | 2 | Ehrenberg, R. And Smith, R.S. Modern Labor Economics: Theory and Public Policy | | | |
| 1 | Seçilmiş makalelerden oluşan makale kitabı | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 9 | 04/2024 | 1 | 30 | | In-term studies (second mid-term exam) | 12 | 05/2024 | 1 | 20 | | End-of-term exam | 16 | 06/2024 | 1.5 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 8 | 14 | 112 | | Arasınav için hazırlık | 12 | 2 | 24 | | Arasınav | 2 | 1 | 2 | | Ödev | 3 | 2 | 6 | | Dönem sonu sınavı için hazırlık | 1 | 1 | 1 | | Dönem sonu sınavı | 12 | 3 | 36 | | Diğer 1 | 2 | 1 | 2 | | Total work load | | | 225 |
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