MATHEMATICS (TURKISH, PHD)
PhD TR-NQF-HE: Level 8 QF-EHEA: Third Cycle EQF-LLL: Level 8

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
BUS6195 Economic Policies and Growth Strategies:The Case of Turkey Fall 3 0 3 12
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Departmental Elective
Course Level:
Mode of Delivery: Face to face
Course Coordinator : Prof. Dr. ELİF OKAN
Course Lecturer(s): Prof. Dr. SEYFETTİN GÜRSEL
Course Objectives: The aim of this course is to introduce basic models of economic growth theory. This also requires sizeable information on economic theory, differential equations, and optimal control theory. Hence, the course also equips students with this information. Another aim of this course is to make an introduction for how to make theoretical research and scientific publication.

Learning Outputs

The students who have succeeded in this course;
The students who succeeded in this course;
- will be able to explain the theories, concepts, and the role of Solovian economic growth framework.
- will be able to explain the theories, concepts, and the role of Ramsey economic growth framework.
- will be able to interpret the relationship between several macroeconomic variables in the context of economic growth.
- will be able to discuss theoretical issues in economic theory.
- will be able to analyze several policy implications of growth theory.
- will be able to write a scientific paper in economic growth theory.

Course Content

The course begins by Solow approach. That approach assumes that the savingconsumption tradeoff is given to the modeleconomy. Under this assumption, the framework develops several concepts of dynamic modeling such as transitional dynamics, steady state, golden rule of saving, violations of neoclassical assumptions, and so on. Next, the consumption saving trade off is endogenized under the Ramsey framework. The course teaches some other concepts of dynamic macro economics such as subjective rate of discount, intertemporal elasticity of substitution, saddle path stability, and so on. In summary, a short list of some concepts and topics covered is Neoclassical assumptions, Solow framework,Transitional dynamics,Steady state cases that violate neoclassical assumptions,Ramsey framework,Intertemporal substitution,saving consumption tradeoff.

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Açık Ekonomi Makro Ekonomisi Review of published research articles
2) Açık Ekonomi Makro Ekonomisi Review of published research articles
3) Neo-klasik Büyüme Teorisinin Temelleri Review of published research articles
4) Büyüme Muhasebesi Review of published research articles
5) Midterm-1
6) Türkiye'de Büyümenin Tarihi Analizi Review of published research articles
7) Türkiye'de Büyümenin Tarihi Analisi Review of published research articles
8) Türkiye Ekonomisinin Son Zamanlardaki Büyüme Performansı Review of published research articles
9) Türkiye Ekonomisinin Son Zamanlardaki Büyüme Performansı Review of published research articles
10) Midterm-2
11) Türkiye Ekonomisinin Yapısal Sorunları Review of published research articles
12) Türkiye Ekonomisinin Yapısal Sorunları Review of published research articles
13) Türkiye Ekonomisinin Büyüme Yaklaşımı Review of published research articles
14) Türkiye Ekonomisinin Büyüme Yaklaşımı Review of published research articles

Sources

Course Notes: Akademik makaleler ve kitaplar / Academic readings and books
References: Akademik makaleler ve kitaplar / Academic readings and books

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 1 % 10
Laboratory 0 % 0
Application 0 % 0
Field Work 0 % 0
Special Course Internship (Work Placement) 0 % 0
Quizzes 0 % 0
Homework Assignments 7 % 25
Presentation 0 % 0
Project 2 % 10
Seminar 0 % 0
Midterms 2 % 20
Preliminary Jury 0 % 0
Final 1 % 35
Paper Submission 0 % 0
Jury 0 % 0
Bütünleme % 0
Total % 100
PERCENTAGE OF SEMESTER WORK % 55
PERCENTAGE OF FINAL WORK % 45
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Laboratory 0 0 0
Application 13 6 78
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 11 6 66
Presentations / Seminar 1 3 3
Project 2 5 10
Homework Assignments 7 6 42
Quizzes 0 0 0
Preliminary Jury 0 0 0
Midterms 2 3 6
Paper Submission 0 0 0
Jury 0 0 0
Final 1 3 3
Total Workload 250

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution