School of Economics and Administrative Sciences \ Economics
Course Credit
ECTS Credit
Course Type
Instructional Language
Programs that can take the course
This course introduces the basic topics of labor economics. The course examines supply, demand, and equilibrium in the labor market; wage differentials that balance the market; education; wage distribution; labor mobility; discrimination; and the concept of unemployment.
Textbook and / or References
Textbook: Labor Economics
Author: George Borjas
The aim of the course is to help students recognize the factors that affect supply, demand, and equilibrium in labor markets, and to teach them the fundamental factors that determine wages and employment.
1. Can identify the factors that affect wages and employment in labor markets.
2. Has knowledge of the fundamental concepts of labor economics.
3. Has the ability to read, comprehend, explain, and interpret basic scientific writings related to the topic.
Week 1: Chapter 2: Labor Supply
Week 2: Chapter 3: Labor Demand
Week 3: Chapter 4: Labor Market Equilibrium
Week 4: Chapter 5: Compensating Wage Differentials
Week 5: Chapter 6: Education
Week 6: Chapter 7: The Wage Distribution
Week 7: Chapter 8: Labor Mobility
Week 8: Chapter 9: Labor Market Discrimination
Week 9: Chapter 11: Incentive Pay
Week 10: Chapter 12: Unemployment
Week 11: Student presentations
Week 12: Student presentations
Tentative Assesment Methods
Midterm 35 %
Final 35 %
Report and Presentation: 20 %
Assignments 10 %
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