At the end of this course, the students; 1) Understand the Turkish economy at the macro level 2) Evaluate the basic components, characteristics, structure, problems, history and basic dynamics of the economy within the context of causality. 3) Deal with the physical conditions, sectoral structures, production factors, national and international political and economic environment, economic thoughts and policies, which reveal the current economic structure with their success and depression, within specific time periods. 4) Gain a global analysis ability by evaluating the Turkish economy, which has been articulated in the world economy for more than 30 years and has become a part of the global economy to some extent, at an international level. 5) Research how the Turkish economy will develop under the global epidemic conditions experienced in the last two years and what kind of economic policies it needs.
MODE OF DELIVERY
Face to face
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
The primary aim of the course is to provide students with an understanding of the Turkish economy with macro data. Understanding the Turkish economy will be possible by evaluating the basic components, characteristics, structure, problems, history and basic dynamics of the economy in terms of causality. The physical conditions, sectoral structures, production factors, national and international political and economic environment, economic thoughts and policies, which reveal the current economic structure with its success and depression, will be discussed within specific time periods. In this context, economic development processes and economic policies will be presented in periods since the foundation of the Republic. The developments in the global economy in the new century, and finally, the problems experienced in the Turkish economy in the global epidemic environment and possible new economic dynamics will be discussed and the framework of the new economic policies that Turkey needs will be tried to be drawn.
COURSE CONTENTS
WEEK
TOPICS
1st Week
The world economic situation at the beginning of the 20th century and the Economic Heritage Inherited from the Ottoman Empire
2nd Week
Foundation Years of the Republic: 1923-1929
3rd Week
Statist Development Leap: 1930-1939
4th Week
Difficult Years: II. World War II: 1939-1945
5th Week
Opening to the World and Liberal Economy Trials: 1946-1960
6th Week
Planned Period: Industrialization Strategies Based on Import Substitution: 1960-1979
7th Week
January 24 Decisions and Foreign Growth Strategies
8th Week
Financial Liberalization and Joining the Global Economy: 1990- ?
9th Week
Economic Crises and IMF's New Stabilization Programs
10th Week
Turkish Economy: Sectoral Analysis
11th Week
2008 Global Financial Crisis-EU Debt Crisis and Turkish Economy
12th Week
Turkey's Macroeconomic Vulnerabilities
13th Week
The Global Covid-19 Pandemic and Current Economic Issues
14th Week
Redesigning the Turkish Economy of the 21st Century
RECOMENDED OR REQUIRED READING
BORATAV, Korkut (2019), Türkiye İktisat Tarihi (1908-2015), İmge Yy.,, İstanbul. KEPENEK, Yakup-YENTÜRK, Nurhan (2012), Türkiye Ekonomisi, Remzi Kitabevi, İstanbul. TOKGÖZ, Erdinç (2012), Türkiye'nin İktisadi Gelişme Tarihi (1914-2012), İmaj Yayınevi, Ankara ŞAHİNÖZ, Ahmet (2014), Küresel Krizden Türkiye'nin Krizine, SDD, İmaj Yayınevi, Ankara.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS
Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA
Quantity
Percentage(%)
Mid-term
1
40
Assignment
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
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
1
55
55
Total Workload
301
Total Workload / 30
10,03
ECTS Credits of the Course
10
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
