ISY5101 Political Economy of ManagementIstinye UniversityDegree Programs Business Administration (Master) (with Thesis)General Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Business Administration (Master) (with Thesis)

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Master TR-NQF-HE: Level 7 QF-EHEA: Second Cycle EQF-LLL: Level 7

Course Introduction and Application Information

Course Code: ISY5101
Course Name: Political Economy of Management
Semester: Fall
Course Credits:
ECTS
8
Language of instruction:
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Departmental Elective
Course Level:
Master TR-NQF-HE:7. Master`s Degree QF-EHEA:Second Cycle EQF-LLL:7. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Doç. Dr. ÇİĞDEM GÜRSOY
Course Lecturer(s): Assoc. Prof. Çiğdem Gürsoy
Course Assistants:

Course Objective and Content

Course Objectives: It is to open a wide range of basic economic concepts, from historical periods to future formations, the behavior of economic policies over time, current economic issues, and how people should take a stand by determining their place in these ongoing changes and transformations.
Course Content: The starting point of political economy and its phases of change and transformation over the years will be followed. Then, today's new economic trends will be discussed and possible scenarios for the future will be discussed while the differences between the past and the present will be identified. At this stage, the macro dimension of the economy, such as supply-demand-inflation-unemployment-development, will be discussed and managers will be informed about the basic concepts. Finally, the finance part of the work will also be touched upon in order to analyze the income and expenditure balance of the state.

Learning Outcomes

The students who have succeeded in this course;
1) It follows the changes and transformations of economic relations over time.
2) Knows new trends in economy.
3) Knows the socio-cultural structure of production and consumption relations.
4) Gains knowledge about sustainable development goals.

Course Flow Plan

Week Subject Related Preparation
1) Definition and Scope of Political Economy
2) Development of Economic Policies I
3) Development of Economic Policies II
4) New Trends in Economy
5) Basic Concepts in Economics I
6) Basic Concepts in Economics II
7) Supply and Demand
8) Employment and Unemployment
9) Midterm
10) Inflation
11) Economic Growth and Development
12) Public Revenue and Public Expenditures
13) Presentation
14) Presentation
15) Final examination

Sources

Course Notes / Textbooks: Ders notları
Lecture notes
References: Anlatı İktisadı, Robert J. Shiller, Albaraka Yayınları, 2021.
Sanayileşmenin Gizli Tarihi, Ha-Joon Chang, Efil Yayınları, 2015.
Additionally, different documents such as lecture notes, articles, statistics and reports compiled from various sources.

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3

4

Program Outcomes
1) Being able to develop and deepen their knowledge at the level of expertise in the same or a different field, based on undergraduate level qualifications. 3 3 3 2
2) To be able to use the theoretical and applied knowledge at the level of expertise acquired in the field 2 3 2 2
3) To be able to systematically convey the current developments in the field and their own studies to groups in and outside the field, in written, verbal and visual forms, by supporting them with quantitative and qualitative data. 3 3 3 3
4) Being able to critically evaluate the knowledge and skills acquired in the field of expertise 3 3 3 3
5) To be able to use the knowledge, problem solving and/or application skills they have internalized in their field in interdisciplinary studies 3 3 3 3
6) Being able to independently carry out a work that requires expertise in the field. 3 3 3 3

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) Being able to develop and deepen their knowledge at the level of expertise in the same or a different field, based on undergraduate level qualifications. 3
2) To be able to use the theoretical and applied knowledge at the level of expertise acquired in the field 2
3) To be able to systematically convey the current developments in the field and their own studies to groups in and outside the field, in written, verbal and visual forms, by supporting them with quantitative and qualitative data. 3
4) Being able to critically evaluate the knowledge and skills acquired in the field of expertise 3
5) To be able to use the knowledge, problem solving and/or application skills they have internalized in their field in interdisciplinary studies 3
6) Being able to independently carry out a work that requires expertise in the field. 3

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Presentation 1 % 20
Midterms 1 % 30
Final 1 % 50
total % 100
PERCENTAGE OF SEMESTER WORK % 50
PERCENTAGE OF FINAL WORK % 50
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Workload
Course Hours 15 44
Study Hours Out of Class 13 52
Presentations / Seminar 8 31
Midterms 8 24
Final 9 38
Total Workload 189