ECON 405 Turkish EconomyMEF UniversityDegree Programs EconomicsGeneral Information For StudentsDiploma SupplementErasmus Policy Statement
Economics
Bachelor Length of the Programme: 4 Number of Credits: 240 TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF: Level 6

Ders Genel Tanıtım Bilgileri

School/Faculty/Institute Faculty of Econ., Admin. 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 Flipped Classroom
Level of Course Advanced
Semester Fall
Contact Hours per Week
Lecture: 3 Recitation: Lab: Other:
Estimated Student Workload 125 hours per semester
Number of Credits 5 ECTS
Grading Mode Standard Letter Grade
Pre-requisites ECON 204 - Macroeconomic Theory II
Expected Prior Knowledge Knowledge on macroeconomics
Co-requisites None
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 Description in Turkish Bu ders makro iktisat ve kalkınma iktisadı açısından Türkiye Ekonomisini incelemektedir. Ders iki temel bölüme ayrılmıştır. Birinci bölümde Türk İktisat tarihi eleştirel bir biçimde ele alınmaktadır. İkinci bölümde ise Türkiye ekonomisi ile ilgili güncel konulara yer verilmektedir.

Course Learning Outcomes and Competences

Upon 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 understanding of economics with a deep exposure to other social sciences and mathematics.
2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics.
3) Displays a sound comprehension of microeconomic and macroeconomic theory.
4) Applies economic concepts to solve complex problems and enhance decision-making capability.
5) Uses quantitative techniques to analyze different economic systems.
6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies.
7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data.
8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings.
9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information.
10) Exhibits individual and professional ethical behavior and social responsibility.
11) Displays learning skills necessary for further study with a high degree of autonomy

Relation to Program Outcomes and Competences

N None S Supportive H Highly Related
     
Program Outcomes and Competences Level Assessed by
1) Has a broad understanding of economics with a deep exposure to other social sciences and mathematics. H Project
2) Demonstrates knowledge and skills in understanding the interactions of different areas of economics. S Exam,Project
3) Displays a sound comprehension of microeconomic and macroeconomic theory. H Exam
4) Applies economic concepts to solve complex problems and enhance decision-making capability. H Exam,Project
5) Uses quantitative techniques to analyze different economic systems. S Project
6) Applies theoretical knowledge to analyze issues regarding Turkish and global economies. H Project
7) Demonstrates proficiency in statistical tools and mainstream software programs to process and evaluate economic data. S Exam,Project
8) Behaves according to scientific and ethical values at all stages of economic analysis: data collection, interpretation and dissemination of findings. H Project
9) Uses written and spoken English effectively (at least CEFR B2 level) to exchange scientific information. H Exam,Project
10) Exhibits individual and professional ethical behavior and social responsibility. S Exam,Project
11) Displays learning skills necessary for further study with a high degree of autonomy H Exam,Project
Prepared by and Date BURHAN CAN KARAHASAN , November 2023
Course Coordinator BURHAN CAN KARAHASAN
Semester Fall
Name of Instructor Prof. Dr. BURHAN CAN KARAHASAN

Course Contents

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 ReadingsA 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 MethodsLectures (Flipped Learning)
Homework and ProjectsTerm project (one)
Laboratory Work
Computer Use
Other Activities
Assessment Methods
Assessment Tools Count Weight
Project 1 % 40
Midterm(s) 1 % 20
Final Examination 1 % 40
TOTAL % 100
Course Administration karahasanb@mef.edu.tr

Improper behavior, academic dishonesty and plagiarism: YÖK Disciplinary Regulation

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 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