|
Academic staff member responsible for the design of the course syllabus
(name, surname, academic title/scientific degree, email address and signature)
|
NA
|
|
Main Course Lecturer (name, surname, academic title/scientific degree, email address
and signature) and Office Hours:
|
Prof.Dr. Güngör Turan gturan@epoka.edu.al
, 14.00-16.00 on Thursdays
|
|
Second Course Lecturer(s) (name, surname, academic title/scientific degree, email
address and signature) and Office Hours:
|
NA
|
| Language: |
English
|
| Compulsory/Elective: |
Compulsory
|
| Study program: (the study for which this course is offered) |
Bachelor in Banking and Finance (3 years)
|
| Classroom and Meeting Time: |
E212, 13.40-16.25 PM on Mondays
|
| Teaching Assistant(s) and Office Hours: |
NA
|
| Code of Ethics: |
Code of Ethics of EPOKA University
Regulation of EPOKA University "On Student Discipline"
|
| Attendance Requirement: |
75%
|
| 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.
|
|
BASIC CONCEPTS OF THE COURSE
|
| 1 |
labor market
|
| 2 |
labor supply
|
| 3 |
labor demand
|
| 4 |
employment
|
| 5 |
unemployment
|
| 6 |
human capital
|
| 7 |
wage
|
| 8 |
immigration
|
| 9 |
wage differentials
|
| 10 |
returns to schooling
|
| Week |
Topics |
| 1 |
summary of topics and teaching method, overview of labor economics |
| 2 |
measuring labor supply-1 |
| 3 |
measuring labor supply-2 and practical session1 |
| 4 |
labor supply: neoclassical model of labor-leisure choice-1 |
| 5 |
neoclassical model of labor-leisure choice-2 |
| 6 |
neoclassical model of labor-leisure choice-3 and practical session-2 |
| 7 |
review before mid-term exam |
| 8 |
mid-term exam |
| 9 |
labor demand in the short-run-1 |
| 10 |
labor demand in the short-run-2 and practical session 3 |
| 11 |
labor demand in the long-run |
| 12 |
wage differentials and human capital-1 |
| 13 |
human capital-2 and practical session 4 |
| 14 |
review before final exam |
| No |
Program Competencies |
Cont. |
| Bachelor in Banking and Finance (3 years) Program |
| 1 |
The students gain the ability to look at the problems of daily life from a broader perspective with an increased awareness of the importance of moral/ethical considerations and professional integrity in the workplace. |
|
| 2 |
They develop their knowledge and understanding of banking and finance including concepts, theories, and analytical tools that serve both in national and international markets. |
|
| 3 |
They gain an understanding of the role of financial management in business firms and the essentials of corporate finance and further develop their knowledge in the field. |
|
| 4 |
They are able to apply valuation models to estimate the price of different financial assets, measure risk and describe the risk-return tradeoff. |
|
| 5 |
They are provided with the knowledge and understanding of the regulatory framework and functioning of banking system and central banking as well as international banking system. |
|
| 6 |
They are able to understand and use fundamental economic theories and tools to solve economic problems in banking and financial services industry. |
|
| 7 |
They have the ability to develop and utilize accounting, financial and economic data as well as other information to solve different business problems by making use of basic mathematical and statistical models. |
|
| 8 |
They are expected to develop their numerical and IT skills as well as knowledge of databases in order to address the significant development in the delivery and use of financial services known as FinTech. |
|
| 9 |
They develop their ability to think critically, do research, analyze, interpret, draw independent conclusions, and communicate effectively, both individually and as part of a team. |
|
| 10 |
They are provided with opportunities to acquire the necessary skills and competencies to develop professionalism in the banking and financial services industry or to move on to further study within the discipline. |
|
