COURSE INFORMATION
Course Title: LABOR MARKET STUDIES
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
ECO 454 B 2 3 0 0 3 7.5
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) Master of Science in Economics
Classroom and Meeting Time: E212, 18.00-20.45 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: -
Course Objectives: This course is designed to provide 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 economics
2 labor market
3 labor supply
4 labor demand
5 employment
6 wages
7 human capital
8 unemployment
COURSE OUTLINE
Week Topics
1 summary of topics and teaching method, overview of labor economics
2 measuring labor supply-1
3 neoclassical model of labor-leisure choice-2 and applications
4 short-run labor demand
5 long-run labor demand
6 labor market equilibrium and applications
7 wage differentials and applications
8 human capital and applications
9 class presentations for final projects-1
10 class presentations for final projects-2
11 class presentations for final projects-3
12 class presentations for final projects-4
13 review of final projects-1
14 review of final projects-2
Prerequisite(s):
Textbook(s): George J. Borjas, Labor Economics, Seventh ed., McGraw-Hill, 2015.
Additional Literature:
Laboratory Work:
Computer Usage: internet access in the class
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.
5 To acquire necessary skills to meet the needs of labor market
6 To update necessary skills according to the changing technology in the global economy
7 To develop research skill in the labor market
8 Ability to acquire labor market dynamics in practice
9 Adaption changing requirements of the labor market locally and globally
10 Adaption emerging requirements of the digital economy and remote working
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Master of Science in Economics Program
1 Students apply advanced knowledge in economics 5
2 Students explain the interaction between related disciplines and economics 5
3 Students apply scientific methods to address economic problems 5
4 Students define existing theory in a specialized branch of economics 4
5 Students critically evaluate knowledge in economics and carry out advanced research independently 4
6 Students develop economic models and formulate policy options 5
7 Students make an original contribution to the discipline 3
8 Students effectively communicate in a variety of professional and academic contexts 3
9 Students will develop new strategic approaches for unexpected, complicated situations in economics and take responsibility in solving them 4
10 Students uphold and defend ethical values data collection, interpretation and dissemination 5
11 Students use advanced empirical analyses to address social problems 3
12 Students interact with professional networks in their field of specialization 5
COURSE EVALUATION METHOD
Method Quantity Percentage
Presentation
1
40
Term Paper
1
60
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) 6 23.25 139.5
Mid-terms 0
Assignments 0
Final examination 0
Other 0
Total Work Load:
187.5
Total Work Load/25(h):
7.5
ECTS Credit of the Course:
7.5
CONCLUDING REMARKS BY THE COURSE LECTURER

Students will be adapted according to the requirements of the local and global labor market in the end of the semester