Labor Market Economics (ECON414) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Labor Market Economics ECON414 3 0 0 3 6
Pre-requisite Course(s)
Course Language English
Course Type N/A
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration.
Course Coordinator
Course Lecturer(s)
  • Assoc. Prof. Dr. Nil Demet Güngör
Course Assistants
Course Objectives This aim of this course is to give students a detailed look at the economic theories and policies related to the labour market.
Course Learning Outcomes The students who succeeded in this course;
  • 1. gain an understanding of theories of economic behaviour in the labour market
  • 2. assess the empirical evidence related to the various theories of the labour market
  • 3. critically evaluate the effectiveness of actual and proposed government policy towards the labour market
  • 4. gain experience in expressing opinions and presenting ideas on various topics in labour economics
Course Content Overview of labor markets; theories of labor demand; theories of labor supply; human capital, migration, wage differentials, discrimination in the labor market, unions, unemployment, macro policies.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Introduction Ehrenberg & Smith, pp. 1-15
2 Overview of the Labour Market Ehrenberg & Smith, pp. 25-57
3 The Demand for Labour Ehrenberg & Smith, pp. 59-84
4 Labour Demand Elasticities Ehrenberg & Smith, pp. 93-121
5 Frictions in the Labour Market Ehrenberg & Smith, ss. 129-164
6 Supply of Labour to the Economy: The Decision to Work Ehrenberg & Smith, pp. 165-205
7 Labour Supply: Household Production, the Family, and the Life Cycle Ehrenberg & Smith, ss. 207-237
9 Investments in Human Capital: Education and Training Ehrenberg & Smith, ss. 275-312
10 Worker Mobility: Migration, Immigration, and Turnover Ehrenberg & Smith, pp. 323-352
11 Pay and Productivity: Wage Determination within the Firm Ehrenberg & Smith, ss. 353-387
12 Gender, Race, and Ethnicity in the Labour Market Ehrenberg & Smith, ss. 389-432
13 Unions and the Labour Market Ehrenberg & Smith, pp. 437-481
14 Unemployment Ehrenberg & Smith, ss. 517-551
15 General Review
16 Final Exam


Course Book 1. R. G. Ehrenberg and R. G. Smith (2006) Modern Labor Economics: Theory and Public Policy 9/e, Addison-Wesley.
Other Sources 2. M. Gunderson and C. Riddell (1988) Labour Market Economics: Theory, Evidence and Policy in Canada, Second Edition, McGraw-Hill-Ryerson.
3. Labour Market case studies - examples from Turkish newspapers.

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 1 10
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation 1 20
Project - -
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 30
Final Exam/Final Jury 1 40
Toplam 4 100
Percentage of Semester Work 60
Percentage of Final Work 40
Total 100

Course Category

Core Courses
Major Area Courses X
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Acquiring the skills of understanding, explaining, and using the fundamental concepts and methods of economics X
2 Acquiring the skills of macro level economic analysis X
3 Acquiring the skills of micro level economic analysis X
4 Understanding the formulation and implementation of economic policies at the local, national, regional, and/or global level X
5 Learning different approaches on economic and related issues X
6 Acquiring the quantitative and/or qualitative techniques in economic analysis X
7 Improving the ability to use the modern software, hardware and/or technological devices X
8 Developing intra-disciplinary and inter-disciplinary team work skills X
9 Acquiring an open-minded behavior through encouraging critical analysis, discussions, and/or life-long learning X
10 Adopting work ethic and social responsibility X
11 Developing the skills of communication. X
12 Improving the ability to effectively implement the knowledge and skills in at least one of the following areas: economic policy, public policy, international economic relations, industrial relations, monetary and financial affairs. X

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 16 3 48
Special Course Internship
Field Work
Study Hours Out of Class 16 6 96
Presentation/Seminar Prepration 1 1 1
Homework Assignments
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 2 2
Prepration of Final Exams/Final Jury 1 2 2
Total Workload 149