American University in Kosovo Labor Economics Course Syllabus 1.0 Instructor Information: Faculty: E-mail: Office: Office hours: Besnik Bislimi bbislimi@aukonline.org +381 38 608 608 / ext. 501 T/Th 11:00 – 12:30 2.0 Course Number: ECON 441 3.0 Course Title: Labor Economics 4.0 Course Structure: Structure: Credits: Prerequisites: Times & location: Combination of lectures, tutorials and discussions 4 Principles of Microeconomics Section: ECON 441 - 50 Days: Monday / Wednesday Time: 14:15 – 15:45 Location: 204 Additional information Students are expected to attend all scheduled lessons. Regardless of the reason, students may have no more than 3 un-excused absences before their grade is affected. Each unexcused absence after 3 will lower the student’s course grade by one letter grade. This is mandatory policy--there will be no exceptions to this rule and attendance will be taken on a daily basis. Additionally, students are expected to come to class prepared to participate in the lesson and take notes. At a minimum, students should bring to every class a notebook and a pen or pencil. Cell (mobile) phones and similar electronic devices such as MP3 players, laptops, and so on should be switched off and put away at the beginning of class. Students whose phones or similar devices disrupt class due to ringing or similar behavior will be asked to leave the class and their grade will be lowered by one letter. Any student email that aims at negotiating the final grade will be sanctioned. Finally students who have special needs related to poor eyesight, learning disabilities, or any similar issue should contact the instructor at the beginning of the term so that arrangements can be made to provide the necessary assistance. 1 5.0 Course Description: This course familiarizes AUK students with some important terms and concepts of Labor Economics (demand for labor; supply of labor, elasticity of the labor demand; monopsony; minimum wages; labor unions, collective bargaining; unemployment, wage discriminations, wage inequalities etc). The objective for the student is to have a basic understanding of how a labor market functions at the microeconomic level They will learn the ways many relevant business and household decisions are made, while determining the demand and supply for labor. In addition the role of institutions, norms, traditions and legislation in determining the level of employment and wages will be enlightened 6.0 Content: Note. The instructor reserves the right to make alterations to this schedule at his discretion. Chapter 1 & 2: The Study of Labor Economics; The Demand for Labor Chapter 3: Topics in Labor Demand Chapter 4: The Supply of Labor: Labor Force Participation Chapter 5: The Supply of Labor: Hours of Work Chapter 7: Labor Market Equilibrium Chapter 8: Information and Job Search Chapter 9: Monopsony and Minimum Wages Chapter 10: Internal Labor Market Chapter 12: Unions and Collective Bargaining Chapter 14: Unemployment 7.0 Instructional Strategies: Lectures, discussion topics during tutorials, debates, presentations 8.0 Text and Materials: Fundamentals of Labor Economics, 1st Edition Thomas Hyclak - Lehigh University Geraint Johnes - Lancaster University Management School Robert Thornton - Lehigh University ISBN-10: 039592362X ISBN-13: 9780395923627 2 9.0 Evaluation and Grading: Activity and assignment point values Grading will be based on: Class attendance and participation 10% of the Grade First Test 25% of the Grade Activity 10% of the Grade Presentation 20% of the Grade Final Test 35% of the Grade The maximum number of points is 100. The Final grade will be calculated as follows: Grade Percentage Grade Points A AB+ B BC+ C CD F 93-100% 90-92% 87-89% 83-86% 80-82% 77-79% 73-76% 70-72% 60-69% Below 60% 4 3.7 3.3 3 2.7 2.3 2 1.7 1 0 10. Cheating All work and materials that you submit to the instructor for a grade must be your own work. Copying the work of others, using unapproved materials during exams and quizzes, or taking credit for work that you did not actually do is considered cheating and will not be tolerated. Lecturer Student signature 3