Economics and Finance (YL) (Thesis)
Master	Length of the Programme: 2	Number of Credits: 120	TR-NQF-HE: Level 7	QF-EHEA: Second Cycle	EQF: Level 7

ECTS Course Information Package

School/Faculty/Institute

Graduate School

Course Code

ECON 534

Course Title in English

Turkish Economy

Course Title in Turkish

Türkiye Ekonomisi

Language of Instruction

Type of Course

Flipped Classroom

Level of Course

Intermediate

Semester

Spring

Contact Hours per Week

Lecture: 3

Recitation: 0

Lab: 0

Other: 0

Estimated Student Workload

130 hours per semester

Number of Credits

5 ECTS

Grading Mode

Standard Letter Grade

Pre-requisites

None

Co-requisites

None

Expected Prior Knowledge

None

Registration Restrictions

Only Master Students

Overall Educational Objective

The main objective of this course is to learn about the economic development of Turkey from the Republican period to the present and to make comparisons; to evaluate the economic developments in the axis of the world economy.

Course Description

Türkiye’nin İktisat Tarihi,Türkiye Ekonomisinde Büyüme: Sorunlar, Dinamikler ve Kaynaklar,Türkiye Ekonomisinde Önde Gelen Sektörler,Türkiye Ekonomisinde Ödemeler Dengesi ve Cari İşlemler Açığı,Türkiye Cumhuriyet Merkez Bankası ve Para Politikaları,Türkiye’de Döviz Piyasası ve Politikaları,Türkiye’de Finans Piyasaları,Türkiye'de Enflasyon Gelişmeleri,Türkiye’nin İstihdam Yapısı ve İşsizlik Sorunu,Türkiye'de Borçlanma ve Borç Yapısı,Türkiye’de Kamu Ekonomisi ve Maliye Politikaları,Ekonomik Krizler ve Türkiye,Dünya Ekonomisi Ekseninde Türkiye Ekonomisinin Durumu,Türkiye’de Gelir Dağılımı ve Yoksulluk; konularını içermektedir.

Course Learning Outcomes and Competences

Upon successful completion of the course, the learner is expected to be able to:
1) To learn to list the macroeconomic indicators of the Turkish economy in order of importance
2) To learn the role of central banks in monetary and interest rate policies
3) To interpret the developments in the Turkish economy by utilizing current international socio-economic indicators
4) To learn about Turkey's macroeconomic problems
5) To analyze the Turkish economy by using the relations between globalization and income distribution

Program Learning Outcomes/Course Learning Outcomes	1	2	3	4	5
1) To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level.
2) To apply of mathematical concepts to related economic and business problems.
3) To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.)
4) To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing.
5) To understand the relationship between money and banking and to possess knowledge regarding the financial markets.
6) To use quantitative techniques to increase decision-making capabilities in business environment
7) To show proficiency in analyzing and interpreting financial tables
8) To apply the models used in financial decision making in accordance with risk management techniques and legal regulations.
9) To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems.
10) To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information

Relation to Program Outcomes and Competences

N None	S Supportive	H Highly Related

	Program Outcomes and Competences	Level	Assessed by
1)	To demonstrate increased proficiency on economics and finance depending on the competencies acquired at the undergraduate level.	H	Participation
2)	To apply of mathematical concepts to related economic and business problems.	H	Participation
3)	To comprehend and interpret the fundamental macroeconomic indicators (balance of payments, money supply, trade balance, foreign exchange rate etc.)	H	Exam
4)	To know financial markets and risk, money markets, capital markets, real estate markets, option markets and pricing.	H	HW
5)	To understand the relationship between money and banking and to possess knowledge regarding the financial markets.	S	Participation
6)	To use quantitative techniques to increase decision-making capabilities in business environment	H	Exam
7)	To show proficiency in analyzing and interpreting financial tables	S	Exam
8)	To apply the models used in financial decision making in accordance with risk management techniques and legal regulations.	H	Participation
9)	To take initiative and lead multidisciplinary teams, applies economic and financial concepts to solve complex problems.	S	Participation
10)	To use written and spoken English effectively (at least CEFR B2 level) to exchange scientific information	H	Participation

Prepared by and Date	MUHAMMED ABDULLAH ALTUNDAL ,
Course Coordinator	MUHAMMED ABDULLAH ALTUNDAL
Semester	Spring
Name of Instructor

Course Contents

Week	Subject
1)	Introduction to Turkish Economic History
2)	Growth in the Turkish Economy: Problems, Dynamics and Resources
3)	Leading Sectors in the Turkish Economy
4)	Balance of Payments and Current Account Deficit in Turkish Economy
5)	Central Bank of the Republic of Turkey and Monetary Policies
6)	Foreign Exchange Market and Policies in Turkey
7)	Financial Markets in Türkiye
8)	Midterm
9)	Inflation Developments in Türkiye
10)	Türkiye's Employment Structure and Unemployment Problem
11)	Borrowing and Debt Structure in Türkiye
12)	Public Economy and Fiscal Policies in Türkiye
13)	Economic Crises and Türkiye
14)	The State of the Turkish Economy in the World Economy
15)	Income Distribution and Poverty in Türkiye
16)	Finals
16)	Finals

Required/Recommended Readings

Bağcı, E. (2019), Dışa Bağımlılığın Makroekonomik Sonuçları: Türkiye Örneği, Ankara: Nobel Yayıncılık Karagül, M. (2017), Dünya Ekonomisi, Ankara: Nobel Yayıncılık Roubini, N. (2017), Kriz Ekonomisi: Dünya Ekonomisinin Çöküşü ve Geleceği, İstanbul: Pegasus Yayınları Marrewijk, C.V. (2002), International Trade and The World Economy, Oxford University Press

Teaching Methods

Students will be given research and presentation assignments on the determined topics. In parallel with the lecturer's lecture, each week a group of students will present what they have researched.

Homework and Projects

Yes

Laboratory Work

None

Computer Use

Yes

Other Activities

None

Assessment Methods

Assessment Tools	Count	Weight
Midterm(s)	1	% 40
Final Examination	1	% 60
TOTAL		% 100

Course Administration

ECTS Student Workload Estimation

Activity	No/Weeks	Hours			Calculation
	No/Weeks per Semester	Preparing for the Activity	Spent in the Activity Itself	Completing the Activity Requirements
Course Hours	14	2	3	2	98
Presentations / Seminar	1	8			8
Midterm(s)	1	8	2		10
Final Examination	1	12	2		14
Total Workload					130
Total Workload/25					5.2
ECTS					5