ECO441 ECONOMICS OF LABOR
| Course Code: |
3520441 |
| METU Credit (Theoretical-Laboratory hours/week): |
3(3-0) |
| ECTS Credit: |
6.5 |
| Department: |
Economics |
| Language of Instruction: |
English |
| Level of Study: |
Undergraduate |
| Course Coordinator: |
|
| Offered Semester: |
Fall Semesters. |
| Prerequisite: |
Set 1: 3520201
|
| The course set above should be completed before taking
ECO441 ECONOMICS OF LABOR . |
Course Content
This course will involve the systematic economic study of human behavior regarding labor market operations. How labor markets operate in theory and in practice will be carefully examined. A wide range of topics and issues will be covered throughout the semester. The subjects to be discussed include; wage determination. worker productivity. labor supply and demand. employment and output. occupational choice. unemployment. unionization. discrimination. poverty. and some others. In short. since everyone sells their labor resources to earn a living. it is important to understand how the labor market operates. The ultimate goal in the course is to develop a critical understanding of how to evaluate labor market policy.
