ECON455 Labor Economics

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Course Code Course Title Weekly Hours* ECTS Weekly Class Schedule
T P
ECON455 Labor Economics 3 0 6 Tuesday 11:00-12:50, Thursday 10:00-10:50
Prerequisite ECON111 It is a prerequisite to
Lecturer Office Hours / Room / Phone

Currently not available

E-mail
Assistant Assistant E-mail dzsiljak@ius.edu.ba
Course Objectives This course is designed to introduce students to the analytical tools of modern labor economics by illustrating the method of labor economics with empirical evidence drawn from developed and developing countries
Textbook Ehrenberg, R. G. & Smith, R. S. (2012). Modern Labor Economics: Theory and Public Policy. Pearson publisher
Learning Outcomes After successful  completion of the course, the student will be able to:
  1. Apply appropriate economic skills to the analysis of labor markets
  2. Explain key features of labor markets in their countries as well as other developed countries
  3. Classify and appropriately organize empirical evidence in the discussion of labor market policy
  4. Explain the role of labor unions in wage determination
  5. Summarize inequality and wage pay gaps
Teaching Methods The methods include lectures (which may involve power point presentation, video and audio aids), student presentations, projects, and class discussions
WEEK TOPIC REFERENCE
Week 1 Introductory Lecture
Week 2 Overview of the Labor Market Chapter 1 and 2
Week 3 The demand for Labor Chapter 3
Week 4 Labor demand elasticities Chapter 4
Week 5 Frictions in the Labor market Chapter 5
Week 6 The decision to work Chapter 6
Week 7 Midterm Exam
Week 8 Labor supply Chapter 7
Week 9 Compensating wage differentials Chapter 8
Week 10 Education and training Chapter 9
Week 11 Worker mobility Chapter 10
Week 12 Pay and productivity Chapter 11
Week 13 Gender, race and ethnicity in the labor market Chapter 12
Week 14 Unions / PAPER PROJECT DUE! Chapter 13
Week 15 Review
Assessment Methods and Criteria Evaluation Tool Quantity Weight Alignment with LOs
Final Exam 1 40 1,2,3,4,5
Semester Evaluation Compenents
Midterm Exam 1 30 1,2
Project 1 10 1,2,3,4
Quizzes 2 10
Class attendance 15 10
***     ECTS Credit Calculation     ***
 Activity Hours Weeks Student Workload Hours Activity Hours Weeks Student Workload Hours
Lecture Hours 3 15 45 Project 15 1 15
Home Study 2 15 30 Home Study 2 15 30
Quizzes 5 2 10 Final Exam Study 30 1 30
        Total Workload Hours = 150
*T= Teaching, P= Practice ECTS Credit = 6
Course Academic Quality Assurance: Semester Student Survey Last Update Date: 04/03/2020
QR Code for https://ecampus.ius.edu.ba/course/econ111-introduction-microeconomics

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