ECONOMICS AND FINANCE | |||||
Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 |
Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
ECO4563 | Turkish Economy | Spring | 3 | 0 | 3 | 4 |
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. |
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…. |
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 |
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 |
Course Notes / Textbooks: | Ders notları ve ilgili makaleler / Lecture notes and related articles |
References: | - |
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 |
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 |
No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
Program Outcomes | Level of Contribution | |
1) | Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works. | 5 |
2) | Understand the common as well as distinctive characters of the markets, industries, market regulations and policies. | 4 |
3) | Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events. | 4 |
4) | Analyze the interventions of politics to the economics and vice versa. | 4 |
5) | Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches. | 5 |
6) | Understand current and new economic events and how the new approaches to the economics are formed and evaluating. | 5 |
7) | Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form. | 5 |
8) | Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence. | 4 |
9) | Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments. | 4 |
10) | Understand the information and changes related to the economy by using a foreign language and communicate with colleagues. | 5 |