Economics (English)
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: ECO302
Course Name: Turkish Economy
Semester: Spring
Course Credits:
ECTS
5
Language of instruction: English
Course Condition:
Does the Course Require Work Experience?: No
Type of course: Compulsory Courses
Course Level:
Bachelor TR-NQF-HE:6. Master`s Degree QF-EHEA:First Cycle EQF-LLL:6. Master`s Degree
Mode of Delivery: Face to face
Course Coordinator: Doç. Dr. AYFER USTABAŞ
Course Lecturer(s): Doç. Dr. AYFER USTABAŞ
Course Assistants:

Course Objective and Content

Course Objectives: This course aims to enable the students to understand the structure of the Turkish economy, major economic developments during the modern history of Turkey, main economic problems, and main economic indicators.
Course Content: Scope of this course covers; general characteristics of the Turkish economy, modern economic history of Turkey , national accounts and the GDP, employment, income distribution and price developments; industrial and sectoral structure, economic crises and reform programs.

Learning Outcomes

The students who have succeeded in this course;
1) Interpret the main economic indicators of Turkey.
2) Make international comparisons through the concepts of GDP, economic growth, income distribution, labor market and price level indicators.
3) Analyze the developments regarding economic and human development.

Course Flow Plan

Week Subject Related Preparation
1) Introduction: Main Concepts
2) Modern Turkish Economic History
3) Turkish Economy in the Aftermath of the 2001 Crisis
4) Output, Growth, and Income Distribution
5) Sectoral Structure of National Accounts
6) Employment and Labor Market Indicators
7) Monetary and Financial Accounts of the Turkish Economy
8) Public Sector and Fiscal Accounts
9) Public Debt and Public Finance
10) Foreign Trade and Balance of Payments
11) Economic Crises in Turkey and Stabilization Programs
12) Structural Problems of Turkish Economy and Reform Fields
13) National Holiday - Feast of Ramadan
14) National Holiday - Commemoration of Atatürk, and Youth and Sports Day

Sources

Course Notes / Textbooks: İlker Parasız ve İlhan Eroğlu, Tarihsel Süreçte Türkiye Ekonomisi: Yapısal
Mahfi Eğilmez, Türkiye Ekonomisi, Remzi Kitabevi, 2020.
References: Lecture notes, web pages of TUIK, HMB, TCMB

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3

Program Outcomes
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 1 1 1
2) They have knowledge and skill about different functions and interactions of economy. 3 3 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3 3 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2 2 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 3 3 3
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 3 3 3
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 2 2 2
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 2 2 2
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 2 2 2
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 2 2 2
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 3 3 3
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3 3 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 2 2 2

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. 1
2) They have knowledge and skill about different functions and interactions of economy. 3
3) They use different theoretical approaches to comprehend and solve various economic problems. 3
4) They are aware of the needs of society and use their knowledge of economics to meet these needs. 2
5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. 3
6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. 3
7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. 2
8) They use a foreign language at least at the B1 General Level in terms of European Language Portfolio criteria according to the level of education. 3
9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. 3
10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. 2
11) Being able to develop positive attitudes with regards to lifelong learning, they identify their individual learning needs and carry out studies to fulfil them. 2
12) They express their ideas and solution proposals concerning their field both written and orally, and present and publish them on both national and international platforms. 3
13) They use information and communication technologies together with a computer software required by the field at least at advanced level of European Computer Driving License . 2

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Attendance 14 % 10
Homework Assignments 4 % 50
Final 1 % 40
total % 100
PERCENTAGE OF SEMESTER WORK % 60
PERCENTAGE OF FINAL WORK % 40
total % 100

Workload and ECTS Credit Calculation

Activities Number of Activities Preparation for the Activity Spent for the Activity Itself Completing the Activity Requirements Workload
Course Hours 15 1 3 60
Homework Assignments 3 12 1 39
Final 1 15 1 16
Total Workload 115