EKO306 History of Economic ThoughtIstinye UniversityDegree Programs Political Science and Public AdministrationGeneral Information For StudentsDiploma SupplementErasmus Policy StatementNational Qualifications
Political Science and Public Administration

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Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code: EKO306
Course Name: History of Economic Thought
Semester: Spring
Course Credits:
ECTS
4
Language of instruction: Turkish
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. ÇİĞDEM GÜRSOY
Course Lecturer(s): Assoc. prof. Çiğdem Gürsoy
Course Assistants:

Course Objective and Content

Course Objectives: This course aims to corroborate the contemporary economics knowledge of students by teaching the theoretical-philosophical infrastructure and development process of economic thought.
Course Content: The theoretical development of economic thought from feudal system to the rise of capitalism and from the rise of capitalism to modern-day.

Learning Outcomes

The students who have succeeded in this course;
1) Learn that material conditions and economic structure are intensely determinative in the development process of ideas along with political and social conditions.
2) Understand that social life and economic life also change whenever technology and science change and this brings about new economic theories and thoughts.
3) Consider economic problems as dynamic and continuously developing processes instead of static phenomena and they can able to perform more objective analyses.

Course Flow Plan

Week Subject Related Preparation
1) A Conceptual Introduction Regarding Economic Thought
2) Mercantilist Economic Thought: Main Principles and Criticism
3) Economic Results of Mercantilist Period
4) Liberalism and Physiocracy: Main Principles, Philosophy and Criticism
5) Physiocrat Philosophers and Their Theories as Sources of Classical School
6) An Outlook on Classical School: History, Main Principles, Philosophy and Contributions
7) Adam Smith and Wealth of Nations
8) Other Prominent Classical Economists and Their Theories
9) Scientific Socialism: Karl Marx and His Economic Philosophy
10) Karl Marx's Approach to the Field of Economics and His Theories
11) Midterm Exam
12) Neoclassical School: Paradigmatic Transformation (Method, Philosophy and Contributions)
13) Comparison of Classical, Marxist and Neoclassical Schools: Method and Philosophy
14) New Institutional Economic Theory and Old Institutional Economics: Comparison in regards to Method and Philosophy

Sources

Course Notes / Textbooks: 1- Ali Özgüven, İktisadi Düşünceler-Doktrinler ve Teoriler, Filiz Kitabevi.
References: 1- Adam Smith, Ulusların Zenginliği, İşbankası Yay.
2- Karl Marx, Kapital, 1. Cilt, Yordam Kitap.
3- J. Maynard Keynes, Genel Teori, Kalkedeon.

Course - Program Learning Outcome Relationship

Course Learning Outcomes

1

2

3

Program Outcomes
1) To have knowledge about the basic theoretical debates in Political Science and Public Administration.
2) To define contemporary developments, approaches and basic concepts in Political Science and Public Administration at national and international level.
3) Relate the interaction of the Department of Political Science and Public Administration with other social sciences (philosophy, history, sociology, law, economy, business).
4) Evaluate and discuss the events in interdisciplinary dimension, acquire knowledge and skills, conduct research using social sciences methods and follow the field.
5) Political and social processes that take place in Turkey and in the world, able to solve problems and the causes of these problems, on the relationship of citizens with political structures reveals scientifically.
6) To design and to prepare scientific studies such as theoretical or experimental projects, reports, articles and theses, either on their own or with others, and uses qualitative and quantitative research techniques related to their field.
7) To use leadership characteristics in Political Science and Public Administration with the awareness of compliance with team work.
8) Develops behavior according to ethics and social values and evaluates what they have learned by deciding what they need and critically question the information they have acquired.
9) Transmits the opinions, thoughts and solutions in Political Science and Public Administration to the related persons and institutions in written and oral form.
10) According to the level of European Language Portfolio, a foreign language is at least A2 for Pre-Bachelor's degree according to the level of education; At least B1 for the License; To be able to use at least C1 and at least C1 General Level for PhD.
11) To be able to use information and communication technologies together with computer software in at least the European Computer Driving License Basic Level (Associate) or Advanced Level (Associate and Associate) required by the department.

Course - Learning Outcome Relationship

No Effect 1 Lowest 2 Average 3 Highest
       
Program Outcomes Level of Contribution
1) To have knowledge about the basic theoretical debates in Political Science and Public Administration. 1
2) To define contemporary developments, approaches and basic concepts in Political Science and Public Administration at national and international level. 1
3) Relate the interaction of the Department of Political Science and Public Administration with other social sciences (philosophy, history, sociology, law, economy, business). 3
4) Evaluate and discuss the events in interdisciplinary dimension, acquire knowledge and skills, conduct research using social sciences methods and follow the field. 3
5) Political and social processes that take place in Turkey and in the world, able to solve problems and the causes of these problems, on the relationship of citizens with political structures reveals scientifically. 1
6) To design and to prepare scientific studies such as theoretical or experimental projects, reports, articles and theses, either on their own or with others, and uses qualitative and quantitative research techniques related to their field. 2
7) To use leadership characteristics in Political Science and Public Administration with the awareness of compliance with team work. 2
8) Develops behavior according to ethics and social values and evaluates what they have learned by deciding what they need and critically question the information they have acquired. 2
9) Transmits the opinions, thoughts and solutions in Political Science and Public Administration to the related persons and institutions in written and oral form. 1
10) According to the level of European Language Portfolio, a foreign language is at least A2 for Pre-Bachelor's degree according to the level of education; At least B1 for the License; To be able to use at least C1 and at least C1 General Level for PhD. 1
11) To be able to use information and communication technologies together with computer software in at least the European Computer Driving License Basic Level (Associate) or Advanced Level (Associate and Associate) required by the department. 1

Assessment & Grading

Semester Requirements Number of Activities Level of Contribution
Midterms 1 % 40
Final 1 % 60
total % 100
PERCENTAGE OF SEMESTER WORK % 40
PERCENTAGE OF FINAL WORK % 60
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 14 1 3 56
Midterms 1 15 1 16
Final 1 25 2 27
Total Workload 99