ECON482 REVIEW TOPICS IN ECONOMICS
| Course Code: | 3110482 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 6.0 |
| Department: | Economics |
| Language of Instruction: | English |
| Level of Study: | Undergraduate |
| Course Coordinator: | Prof.Dr. İBRAHİM SEMİH AKÇOMAK |
| Offered Semester: | Once in several years. |
Course Objectives
This course intends to cover theory and emprics on the technology, globalization and labour market link. We will start by setting the stage with theory: how does technology affect labour markets? We will specifically look at skill-biased technical change and task framework. Then we will look at the recent evidence on both developed and developing countries. We will specifially devote several weeks on the impact of robots and AI on labour market taking the later discussion (AI and labour market) beyond economics.
Course Content
Scope and method, micro vs. macro, equilibrium and stability, markets and prices, expectations, technological equity vs. efficiency, time in economics, rationality.
Course Learning Outcomes
Upon completing the course, the students should be familiarized with the how technology affects labour market, the mechanisims that explain the link, the emprical evidence from various countries and the specific implications of robots, AI and labour.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | Use and develop skillfully economic concepts and theories, analyse economic behaviour and events by conceptualizing and evaluating via scientific methods (Has skills regarding theory and analysis) | ✔ | |||
| 2 | Evaluate how economic policies affect economic performance and how economic interest, relationship and interaction affect policy decisions (Knowledgeable about economic policies) | ✔ | |||
| 3 | Design and carry out studies regarding data collection, analysis and evaluation, that can be used in decision processes at every level (individual, firm, government, etc.)(Knowledgeable about quantitative and qualitative methods) | ✔ | |||
| 4 | Evaluate systematically and compare economic knowledge, phenomena and methodology; Develop critical, creative/innovative approaches to these (Critical, creative, innovative) | ✔ | |||
| 5 | Understand current economic phenomena and relevant political developments using information and data from various resources and provide multifaceted explanations (Concerned about current events) | ✔ | |||
| 6 | Follow developments in economic theory and methods; Be open to continuous learning (Open to continuous learning) | ✔ | |||
| 7 | Have skills to work independently and in a team (Individual and teamwork) | ✔ | |||
| 8 | Approach critically to economic and societal events and problems while being sensitive to social problems; Produce solutions to these problems by scientific approach; Share own thoughts (Sensitive to social problems) | ✔ | |||
| 9 | Communicate clearly, effectively and fluently (in English and Turkish) verbally and in writing, utilizing new technologies (Has effective communication skills) | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution