| School/Faculty/Institute | Faculty of Economics, Administrative and Social Sciences | ||||
| Course Code | ECON 405 | ||||
| Course Title in English | Turkish Economy | ||||
| Course Title in Turkish | Türkiye Ekonomisi | ||||
| Language of Instruction | EN | ||||
| Type of Course | Ters-yüz öğrenme | ||||
| Level of Course | İleri | ||||
| Semester | Fall | ||||
| Contact Hours per Week |
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| Estimated Student Workload | 125 hours per semester | ||||
| Number of Credits | 5 ECTS | ||||
| Grading Mode | Standard Letter Grade | ||||
| Pre-requisites |
ECON 204 - Macroeconomic Theory II |
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| Co-requisites | None | ||||
| Expected Prior Knowledge | Knowledge on macroeconomics | ||||
| Registration Restrictions | Only undergraduate students | ||||
| Overall Educational Objective | Learn the fundamentals Turkish Economy by examining the historical origins and structural background of certain economic issues at the macroeconomic level. | ||||
| Course Description | This course aims to discuss different dimensions of Turkish economy from macroeconomics and development economics perspectives. Course is swapped into two major parts. First part is devoted to observe the historical development of Turkish economy from a critical perspective. Second part of the course will be on contemporary issues in Turkish economy. |
Course Learning Outcomes and CompetencesUpon successful completion of the course, the learner is expected to be able to:1) Evaluate the historical development in Turkish economy 2) Understand the contemporary economic development in Turkey 3) Discuss the fundamental issues of structural change in production and labor market 4) Assess sustainable, inclusive economic growth and development in Turkey 5) Discuss the paradigm shifts in economic policy in Turkey |
| Program Learning Outcomes/Course Learning Outcomes | 1 | 2 | 3 | 4 | 5 |
|---|---|---|---|---|---|
| 1) Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | |||||
| 2) Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | |||||
| 3) Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | |||||
| 4) Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | |||||
| 5) Demonstrates individual and professional ethical behavior and social responsibility | |||||
| 6) Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | |||||
| 7) Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | |||||
| 8) Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | |||||
| 9) Displays computer proficiency to support problem solving and decision-making | |||||
| 10) Demonstrates teamwork, leadership, and entrepreneurial skills | |||||
| 11) Displays learning skills necessary for further study with a high degree of autonomy |
| N None | S Supportive | H Highly Related |
| Program Outcomes and Competences | Level | Assessed by | |
| 1) | Has a broad foundation and intellectual awareness with exposure to mathematics, history, economics, and social sciences | N | |
| 2) | Demonstrates knowledge and skills in different functional areas of business (accounting, finance, operations, marketing, strategy, and organization) and an understanding of their interactions within various industry sectors | N | |
| 3) | Applies theoretical knowledge as well as creative, analytical, and critical thinking to manage complex technical or professional activities or projects | N | |
| 4) | Exhibits an understanding of global, environmental, economic, legal, and regulatory contexts for business sustainability | N | |
| 5) | Demonstrates individual and professional ethical behavior and social responsibility | N | |
| 6) | Demonstrates responsiveness to ethnic, cultural, and gender diversity values and issues | N | |
| 7) | Uses written and spoken English effectively (at least CEFR B2 level) to communicate information, ideas, problems, and solutions | S | Sunum |
| 8) | Demonstrates skills in data and information acquisition, analysis, interpretation, and reporting | S | Derse Katılım |
| 9) | Displays computer proficiency to support problem solving and decision-making | N | |
| 10) | Demonstrates teamwork, leadership, and entrepreneurial skills | S | Derse Katılım |
| 11) | Displays learning skills necessary for further study with a high degree of autonomy | S | Derse Katılım |
| Prepared by and Date | BURHAN CAN KARAHASAN , November 2023 |
| Course Coordinator | BURHAN CAN KARAHASAN |
| Semester | Fall |
| Name of Instructor | Prof. Dr. BURHAN CAN KARAHASAN |
| Week | Subject |
| 1) | Introduction |
| 2) | Restructuring-Early Republic Period – Statist Development |
| 3) | Early Industrialization of 1950s Liberal Period |
| 4) | Planned Development Period and Import Substitution Policies |
| 5) | Post 1980s and Liberalization-Export Led Growth I |
| 6) | Post 1980s and Liberalization-Export Led Growth II |
| 7) | Economic Policy in Turkey |
| 8) | Midterm/Term Paper Discussion |
| 9) | Growth and Industrial Dynamics in Turkey |
| 10) | Labor Markets Issues in Turkey |
| 11) | Financial Crises and Dynamics in Turkey |
| 12) | International Integration, Globalization and Trade Policy in Turkey |
| 13) | Current Topics in Turkish Economy I |
| 14) | Current Topics in Turkish Economy II |
| 15) | Final examination period |
| 16) | Final examination period |
| Required/Recommended Readings | A required reading list for the course will be distributed at the beginning of the term. Supportive recommendations are provided below: - Turkish Economy at the Crossroads: Facing the Challenges Ahead, edited by Asaf Savaş Akat, Seyfettin Gürsel, World Scientifi Publications - Türkiye İktisat Tarihi, 2016, Korkut Borotav, İmge Yayunevi (in Turkish) - The Turkish Economy, 2006, Edited by Sumru Altuğ and Alpay Filiztekin, Routledge | |||||||||||||||
| Teaching Methods | Flipped Learning | |||||||||||||||
| Homework and Projects | Term project (one) | |||||||||||||||
| Laboratory Work | None | |||||||||||||||
| Computer Use | Yes - project, presentation, analyses, etc. | |||||||||||||||
| Other Activities | Yok | |||||||||||||||
| Assessment Methods |
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| Course Administration |
karahasanb@mef.edu.tr Prof. Dr. Burhan Can Karahasan Each week a three hour lecture will be done. Lecture materials (ppts., readings and videos) will be distributed digitally before the related lecture. Students are expected to work with these materials before the lecture. Active lecture discussion will be carried out based on the assigned materials. Additional lecture works and related requirements will be available in the course syllabus. |
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| 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 | 1 | 84 | ||
| Project | 1 | 12 | 1 | 13 | |||
| Midterm(s) | 1 | 10 | 2 | 12 | |||
| Final Examination | 1 | 14 | 2 | 16 | |||
| Total Workload | 125 | ||||||
| Total Workload/25 | 5.0 | ||||||
| ECTS | 5 | ||||||