| Economics (English) | |||||
| Bachelor | TR-NQF-HE: Level 6 | QF-EHEA: First Cycle | EQF-LLL: Level 6 | ||
| Course Code: | ECO306 | ||||
| Course Name: | History of Economic Thought | ||||
| Semester: | Spring | ||||
| Course Credits: |
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| Language of instruction: | English | ||||
| Course Condition: | |||||
| Does the Course Require Work Experience?: | No | ||||
| Type of course: | Compulsory Courses | ||||
| Course Level: |
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| Mode of Delivery: | Face to face | ||||
| Course Coordinator: | Doç. Dr. ÇİĞDEM GÜRSOY | ||||
| Course Lecturer(s): | İlayda İsabetli Fidan | ||||
| Course Assistants: |
| Course Objectives: | The aim of this course is to broaden students’ understanding about economic theory by reflecting how economic thinkers shaped the history. In this context, each week we will explore the economic thinkers’ contribution to economic theory with their fundamental studies. |
| Course Content: | This course covers historical development of economic ideas in the 20th and 21th centuries. We will discuss fundamentals of economics such as wages, prices, capital, money etc. and also we emphasize their multi-dimensional effects from past to now. |
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The students who have succeeded in this course;
1) Approach economic issues in the past critically. 2) Build a bridge between today’s and past economic problems. 3) Compare different economic thoughts with the logical manner. |
| Week | Subject | Related Preparation |
| 1) | The Scope of History of Economic Thought | |
| 2) | Price Theories | |
| 3) | Trade | |
| 4) | Wages | |
| 5) | Capital | |
| 6) | Capitalism | |
| 7) | MIDTERM | |
| 8) | Money and Finance | |
| 9) | Technology | |
| 10) | Entrepreneurship | |
| 11) | Institutions | |
| 12) | Money, Finance and Economic History | |
| 13) | Economic Crises and Economic Thought | |
| 14) | The Age of Poverty and Inequality |
| Course Notes / Textbooks: | Selected Articles |
| References: | Divine Providence Early Modern Economic Thought, Joost Hengstmengel, Routledge, 2019 |
| Course Learning Outcomes | 1 |
2 |
3 |
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| Program Outcomes | |||||||||||||
| 1) They have a broad and interdisciplinary perspective on economics using other social sciences and mathematics. | 2 | 2 | 2 | ||||||||||
| 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. | 3 | 3 | 3 | ||||||||||
| 5) They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 2 | 2 | 2 | ||||||||||
| 6) They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. | 2 | 2 | 2 | ||||||||||
| 7) Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 1 | 1 | 1 | ||||||||||
| 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 | 3 | 3 | ||||||||||
| 9) They improve their skills of teamwork, negotiation, leadership and entrepreneurship. | 1 | 1 | 1 | ||||||||||
| 10) They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 3 | 3 | 3 | ||||||||||
| 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. | 2 | 2 | 2 | ||||||||||
| 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 . | 1 | 1 | 1 | ||||||||||
| 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. | 2 |
| 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. | 3 |
| 5) | They have in-depth knowledge on the current issues of the Turkish economy and the global economy. | 2 |
| 6) | They have in-depth knowledge on the history of the Turkish economy and basic level knowledge on the history of the global economy. | 2 |
| 7) | Using various statistical techniques and numerical methods, they establish correct economic models and make analyzes by using statistical programs effectively. | 1 |
| 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. | 1 |
| 10) | They have universal ethical values, social responsibility awareness and adequate knowledge of business law. | 3 |
| 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 |
| 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. | 2 |
| 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 . | 1 |
| Semester Requirements | Number of Activities | Level of Contribution |
| Homework Assignments | 4 | % 30 |
| Midterms | 1 | % 30 |
| Final | 1 | % 40 |
| total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 60 | |
| PERCENTAGE OF FINAL WORK | % 40 | |
| total | % 100 | |