Labor Market Economics (ECON414) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Labor Market Economics ECON414 Elective Courses 3 0 0 3 6
Pre-requisite Course(s)
Course Language English
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Demonstration.
Course Coordinator
Course Lecturer(s)
  • Asst. 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