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
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 be able to demonstrate general business knowledge and skills.

2

To able to master the state-of-the-art literature in the area of specialization.

3

To be able to evaluate the performance of business organizations through a holistic approach.

4

To be able to effectively communicate scientific ideas and research results to diverse audiences.

5

To be able to deliver creative and innovative solutions to business-related problems.

6

To be able to solve business related problems using analytical and technological tools and techniques.

7

To be able to take a critical perspective in evaluating business knowledge.

8

 

To be able to exhibit an ethical and socially responsible behavior in conducting research and making business decisions.

9

To be able to carry out a well-designed independent and empirical research.

10

To be able to use a foreign language to follow information about the field of finance and participate in discussions in academic environments.        

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