ECO4563 Turkish EconomyBahçeşehir UniversityDegree Programs ECONOMICSGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational QualificationsBologna Commission
ECONOMICS
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ECO4563 Turkish Economy Spring 3 0 3 4

Basic information

Language of instruction: English
Type of course: Must Course
Course Level: Bachelor’s Degree (First Cycle)
Mode of Delivery: Face to face
Course Coordinator : Prof. Dr. SEYFETTİN GÜRSEL
Course Lecturer(s): Prof. Dr. SEYFETTİN GÜRSEL
Recommended Optional Program Components: None
Course Objectives: This course aims to understand and analyze dynamics of labor market and issueds of growth in Turkish Economy. Also, the course provides an opportunity to apply theoretical economic models in Turkish Economy.

Learning Outcomes

The students who have succeeded in this course;
1. Basics of economic growth theory and growth accounting methodology
2. A broad and comparative overview of the economic growth experiences in the World History….
3. Ottoman economy: Institutions and causes of missing capitalist development / industrialization….
4. Economic growth performances end their analysis in the republican period according to sub periods (using growth accounting)….
5. Main problems Turkish economy faces actually in regards of high and sustainable economic growth….

Course Content

Introduction:Ideological and structural legacy of the past

1. Growth Issues in the Turkish Economy
1.a) Neoclassical growth function

1.b) Growth performance of the Turkish Economy in the past

1.c) Estimation of the potential growth rate

1.d) Growth during the last crisis and recovery
1.e) How to improve potential growth?

2.Turkish Labor Market Dynamics

2.a)Labor force dynamics

2.b)Growth-Employment interactions

2.c)Unemployment: Its nature and future

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Introduction
2) Growth Issues in the Turkish Economy
3) Neoclassical growth function
4) Growth performance of the Turkish Economy in the past
5) Growth performance of the Turkish Economy in the past
6) Estimation of the potential growth rate
7) Growth during the last crisis and recovery
8) Midterm
9) Turkish Labor Market Dynamics
10) Labor force dynamics
11) Growth-Employment interactions
12) Growth-Employment interactions
13) Unemployment: Its nature and future
14) Unemployment
15) Course Review
16) Final exam

Sources

Course Notes / Textbooks: Ders notları ve ilgili makaleler / Lecture notes and related articles
References: -

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
Total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 16 3 48
Study Hours Out of Class 16 3 48
Midterms 1 2 2
Final 1 2 2
Total Workload 100

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) As a world citizen, she is aware of global economic, political, social and ecological developments and trends.  3
2) He/she is equipped to closely follow the technological progress required by global and local dynamics and to continue learning. 4
3) Absorbs basic economic principles and analysis methods and uses them to evaluate daily events.  5
4) Uses quantitative and statistical tools to identify economic problems, analyze them, and share their findings with relevant stakeholders.  2
5) Understands the decision-making stages of economic units under existing constraints and incentives, examines the interactions and possible future effects of these decisions. 4
6) Comprehends new ways of doing business using digital technologies. and new market structures.  1
7) Takes critical approach to economic and social problems and develops analytical solutions. 1
8) Has the necessary mathematical equipment to produce analytical solutions and use quantitative research methods. 1
9) In the works he/she contributes, observes individual and social welfare together and with an ethical perspective.   1
10) Deals with economic problems with an interdisciplinary approach and seeks solutions by making use of different disciplines.  1
11) Generates original and innovative ideas in the works she/he contributes as part of a team.  1