ECON 522 | Course Introduction and Application Information

Course Name
Turkish Economy
Code
Semester
Theory
(hour/week)
Application/Lab
(hour/week)
Local Credits
ECTS
ECON 522
Fall/Spring
3
0
3
7.5

Prerequisites
None
Course Language
English
Course Type
Elective
Course Level
Second Cycle
Course Coordinator -
Course Lecturer(s) -
Assistant(s) -
Course Objectives To provide students the skill to employ economic modelling and empirical methods to analyze the Turkish economy and to have detailed understanding of various organizational forms of firms in Turkey.
Course Description The students who succeeded in this course;
  • will be able to carry out economic modelling exercises on dynamics of growth, labor market and invetsment.
  • will be able to examine the relationships between the economic performances and the organizational forms of the firms.
  • will be able to measure income distribution.
  • will be able to list the factors determining the savings.
  • will be able to explain the structural problems of the banking sector.
Course Content The course starts with an introduction to growth dynamics of the Turkish economy. We then discuss labor market. Savings and investment are the major areas on which the course focuses. At the end the relationships between the structure of firms, firm behaviour and economic performances in recent decades are discussed throughly.

 



Course Category

Core Courses
Major Area Courses
X
Supportive Courses
Media and Management Skills Courses
Transferable Skill Courses

 

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week Subjects Related Preparation
1 Introduction OECD Country Report, Turkey
2 Productivity and Growth 1923 2003 The Turkish Economy, chp 2
3 Productivity and Growth 1923 2003 The Turkish Economy, chp 2
4 Female Labor Spply in Turkey The Turkish Economy, chp 4
5 Female Labor Spply in Turkey The Turkish Economy, chp 4
6 Income and Consumption Inequality The Turkish Economy, chp 3
7 Income and Consumption Inequality The Turkish Economy, chp 3
8 Midterm
9 Privatization in Turkey: What has been achieved The Turkish Economy, chp 9
10 Capital Structure of Firms The Turkish Economy, chp 6
11 Firm Level Profitability and Investment The Turkish Economy, chp 7
12 Ownership and Economic Performance The Turkish Economy, chp 8
13 Ownership and Economic Performance The Turkish Economy, chp 8
14 Networks of Firms and Owners Duman and Postalcı (2010)
15 Presentations
16 Review of the Semester  

 

Course Notes/Textbooks The Turkish Economy: The Real Economy, Corporate Governance and Reform, edited by Sumru Altuğ and Alpay Filiztekin, London: Routledge, (2006) [TTE]
Suggested Readings/Materials TBA

 

EVALUATION SYSTEM

Semester Activities Number Weigthing
Participation
16
10
Laboratory / Application
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
1
20
Project
Seminar / Workshop
Oral Exams
Midterm
1
30
Final Exam
1
40
Total

Weighting of Semester Activities on the Final Grade
60
Weighting of End-of-Semester Activities on the Final Grade
40
Total

ECTS / WORKLOAD TABLE

Semester Activities Number Duration (Hours) Workload
Theoretical Course Hours
(Including exam week: 16 x total hours)
16
3
48
Laboratory / Application Hours
(Including exam week: 16 x total hours)
16
Study Hours Out of Class
16
3
Field Work
Quizzes / Studio Critiques
Homework / Assignments
Presentation / Jury
1
60
Project
Seminar / Workshop
Oral Exam
Midterms
1
29
Final Exam
1
40
    Total
225

 

COURSE LEARNING OUTCOMES AND PROGRAM QUALIFICATIONS RELATIONSHIP

#
Program Competencies/Outcomes
* Contribution Level
1
2
3
4
5
1

To improve and deepen actual and advanced level knowledge in economics in the level of expertise by inventive thoughts and/or research and to get inventive contributions to science.

2

To comprehend the interaction between economics and related fields; to achieve inventive results by using knowledge requiring expertise in analysis, synthesis and evaluation of new and complex ideas.

3

To be able to apply the advanced level knowledge acquired in economics and finance.

X
4

Creating new knowledge by combining the knowledge of financial economics with the knowledge coming from other disciplines and also be able to solve problems which requires expert knowledge by applying scientific methods.

5

To be able to critically evaluate the knowledge in financial economics, to lead learning and carry out advanced level research independently.

6

Being able to use a foreign language for both following scientific progress and for written and oral communication.

X
7

To be able to develop new strategic approaches for unexpected, complicated situations in financial economics and take responsibility in solving it.

8

To be able to use computer programs needed in the field financial economics as well as information and communication technologies in advanced levels.

9

To possess the communication network to put the economic and social needs of the region of residence on the agenda.

10

To have adequate social responsibility and conciousness about the needs of society and to have the experience and authority  to organize and support the operations that can affect and drive  the social dynamics when necessary.

X
11

To be able to think analytically to identify problems in financial economics and to be able to make policy recommendations in economics and finance based on scientific analysis of issues and problems.

X
12

To protect the social, scientific and ethical values at the data collection, interpretation and dissemination stages and to be able to introduce and supervise these values.

13

To be able to use the skills of modeling, empirical analysis and formulating policy options that are developed for financial economics, in interdisciplinary contexts.

*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest