COURSE INFORMATION Course Title: LABOR ECONOMICS

Code	Course Type	Regular Semester	Theory	Practice	Lab	Credits	ECTS
ECO 252	B	4	3	0	0	3	5

Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature)	NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	Erinda Imeraj
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours:	NA
Teaching Assistant(s) and Office Hours:	NA
Language:	English
Compulsory/Elective:	Compulsory
Classroom and Meeting Time:	E 313 / 14:30
Course Description:	Labor Economics: Basic concepts and terms on the labor economics; functioning of labor markets; labor supply decisions, investment in human capital, compensating wage differentials, labor contract theory, labor unions, economics of unemployment and government employment policies.
Course Objectives:	This course is designed to provide an introduction to the theory and practice of contemporary labor economics. The primary focus of this course will be on developing an understanding of the determinants of wages rates and employment levels in labor markets.

COURSE OUTLINE

Week	Topics
1	Summary of topics and teaching method, introduction to labor economics
2	Labor Supply – 1
3	Labor supply – 2 (Application)
4	Labor Demand – 1
5	Labor Demand -2 (Application)
6	Labor Market Equilibrium 1
7	Labor Market Equilibrium 2 (Application before Mid-term Exam)
8	Midterm Exam
9	Human Capital 1
10	Human Capital 2 (Application)
11	The Wage Structure
12	Labor Market Discrimination 1
13	Labor Market discrimination 2
14	Practical session and general application- before final exam

Prerequisite(s):
Textbook:	George J. Borjas, Labor Economics, 6th ed., McGraw-Hill, 2000. George J. Borjas, Labor Economics, 7th ed., McGraw-Hill, 2015.
Other References:
Laboratory Work:
Computer Usage:
Others:	No

COURSE LEARNING OUTCOMES

1	To acquire the ability to examine the labor economics theories.
2	To acquire necessary skills to analyze the basic subjects of labor economics
3	Ability to choose the best labor economic policies for solving the problems which are faced in daily economic life. And to decide which policy should be choose for what kind of labor economic problems.
4	Ability to compute the labor economics values and to analyze their effects.

COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES (Blank : no contribution, 1: least contribution ... 5: highest contribution)

No	Program Competencies	Cont.
Bachelor in Banking and Finance (3 years) Program
1	The students are gained the ability to look at the problems of daily life from a broader perspective. They gain the needed skills not only to understand economic problems in banking and finance but also to construct a model and defend in meaningful way.	5
2	They have knowledge about the finance and banking.	2
3	They have knowledge about the money and banking.	2
4	They have knowledge about the international finance and banking.	2
5	They have ability to use mathematical and statistical methods in banking and finance.	2
6	They know how to use computer programs in both daily office usage and statistical data evaluations in banking and finance department.	2
7	They have necessary banking and finance skills that needed in private and public sector.	2
8	They are intended to be specialist in one of departmental fields that they choose from the list of general economics, finance economics, public finance, corporate finance, finance management, international finance markets and institutions, banking and central banking, international finance and banking, money and banking, international trade and banking.	4
9	They have ability to utilize fundamental economic theories and tools to solve economic problems in banking and finance.	4
10	They are aware of the fact that banking and finance is a social science and they respect the social perspectives and social values of the society’s ethics.	3

COURSE EVALUATION METHOD

Method	Quantity	Percentage
Midterm Exam(s)	1	25
Lab/Practical Exams(s)	5	3
Final Exam	1	50
Attendance		10
	Total Percent:	100%

ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)

Activities	Quantity	Duration(Hours)	Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours)	16	3	48
Hours for off-the-classroom study (Pre-study, practice)	16	2	32
Mid-terms	1	15	15
Assignments	5	3	15
Final examination	1	15	15
Other			0
Total Work Load:			125
Total Work Load/25(h):			5
ECTS Credit of the Course:			5