| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Master's Degree With Thesis |
| YEAR OF STUDY | - |
| SEMESTER | - |
| NUMBER OF ECTS CREDITS ALLOCATED | 10 |
| NAME OF LECTURER(S) | -
|
| LEARNING OUTCOMES OF THE COURSE UNIT |
At the end of this course, the students;
1) become familiar with basic views of the principal thinkers and schools of economics.
2) gain an insight into how economic thought evolved, through time.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | None |
| COURSE DEFINITION | This course analyzes the development of economic theory. The aim of the course is to teach and compare school of thoughts on economic theory. |
| COURSE CONTENTS | | WEEK | TOPICS |
|---|
| 1st Week | Introduction: Economic Thought and Philosophy of Science | | 2nd Week | Early Preclassical Economic Thought | | 3rd Week | Mercantilism, Physiocracy, and Other Precursors of Classical Economic Thought | | 4th Week | Classical Economic Thought: Smith and Marx | | 5th Week | Ricardo and Malthus | | 6th Week | Mill and the Decline of Classical Economics and Marx | | 7th Week | Austrian Foundations of Marginal Analysis: Jevons and Menger, The Transition to Neoclassical Economics: Marginal Analysis Extended | | 8th Week | Midterm | | 9th Week | Walras and General Equilibrium Theory | | 10th Week | Alfred Marshall and Neoclassical Economics | | 11th Week | Early Critics of Neoclassical economics, Austrians, Neoclassicals, and Socialists on Socialism and Capitalism | | 12th Week | The Development of Modern Heterodox Economic Thought | | 13th Week | The Development of Modern Microeconomic Theory and Macroeconomic Thought | | 14th Week | The Development of Modern Microeconomic Theory and Macroeconomic Thought |
|
| RECOMENDED OR REQUIRED READING | H. Landreth and D. Collander, History of Economic Thought. New York: Houghton Mifflin Comp., 1997
R. B. Ekelund and J.R.F. Hebert, A History of Economic Theory and Method. New York: McGraw-Hill, 1997
J. Schumpeter, History of Economic Analysis. Oxford: Oxford University Press. |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Quiz | 1 | 10 | | Total(%) | | 50 | | Contribution of In-term Studies to Overall Grade(%) | | 50 | | Contribution of Final Examination to Overall Grade(%) | | 50 | | Total(%) | | 100 |
|
| ECTS WORKLOAD |
| Activities |
Number |
Hours |
Workload |
| Midterm exam | 1 | 2 | 2 | | Preparation for Quiz | 1 | 55 | 55 | | Individual or group work | 14 | 5 | 70 | | Preparation for Final exam | 1 | 70 | 70 | | Course hours | 14 | 3 | 42 | | Preparation for Midterm exam | 1 | 60 | 60 | | Laboratory (including preparation) | | | | | Final exam | 1 | 2 | 2 | | Homework | | | | | Total Workload | | | 301 |
|---|
| Total Workload / 30 | | | 10,03 |
|---|
| ECTS Credits of the Course | | | 10 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
