TYPE OF COURSE UNIT	Elective Course
LEVEL OF COURSE UNIT	Bachelor's Degree
YEAR OF STUDY	4
SEMESTER	-
NUMBER OF ECTS CREDITS ALLOCATED	5
NAME OF LECTURER(S)	-
LEARNING OUTCOMES OF THE COURSE UNIT	At the end of this course, the students; 1) Comprehend comparing the current and previous content of development economics and interpreting the indicators related to development 2) Comprehend the incentive mechanisms based on multiple equilibrium theories 3) Examine the economic effects of migration on development in the context of development theories 4) Examine the relationship between environmental problems and development 5) Understand the relationship among human capital, level of technology or productivity, foreign direct investments and savings within the framework of a model 6) Understand the relationship between agriculture and industry by establishing a model and examine the structural transformation 7) Learn the relationship between foreign trade and development in general and within the framework of export-led growth model 8) Analyze the financing of development.
MODE OF DELIVERY	Face to face
PRE-REQUISITES OF THE COURSE	No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT	None
COURSE DEFINITION	In this course, we will analyze and apply economic theory to the empirical observations of economic growth and answer the following questions: Why does the output per capita in some countries grow faster than others? Why do living standards differ so much across countries and regions? Why are some countries 50 times richer than others? Why do per capita growth rates differ over long periods? What are the limits to growth?
COURSE CONTENTS	WEEK TOPICS 1st Week Introduction, General Information about the Course 2nd Week Conceptual Explanations, Explanations on Measurement, Discussion: Promoting human development or increasing the domestic value-added? 3rd Week Classification of Countries and Problems of Backward Countries (poverty, income distribution, migration, vulnerable employment, colonial past and reverse path-dependency etc.), Discussion: What criteria explain backwardness? Does development have to be linear progressive? 4th Week A Brief History of Development, Discussion: How has the role of the state changed in the development process? 5th Week Multiple Equilibrium, Population and Development Theories, Discussion: How does the economy get out of low-level equilibria? 6th Week Current Development Issues: Environmental Issues, Migration, Discussion: What is the relationship between pollution and development? What choices might a development policy on migration include? 7th Week Economic Design and Development, Discussion: By what steps does the representative social planner design the development process? 8th Week Midterm 9th Week Technological Development, Discussion: How do types of technological progress affect development policy? 10th Week Demand Constraint, Catching-up, Foreign Direct Investments, Discussion: What is the choice between a policy that increases the savings rate and a human capital policy regarding foreign direct investments? What are the roles of domestic demand and net foreign demand in relation to the middle income trap? 11th Week Sectoral Analysis: Agriculture, Industry and Services, Discussion: Is there a single pattern of structural transformation? How does the change in the domestic terms of trade affect industrialization? 12th Week Foreign trade, Globalization and Development, Discussion: In what ways does foreign trade affect the development process? What are the risks to export-led growth? 13th Week Financing for Development 14th Week Evaluation and problem solving
RECOMENDED OR REQUIRED READING	Lecture notes. Bardhan, P.,& Udry, C. (1999). Development Microeconomics. Oxford University Press. Birleşmiş Milletler'in 2016 ve güncel İnsani Gelişme Raporları. Birleşmiş Milletler, Uluslararası Çalışma Örgütü, Dünya Bankası Veri Tabanları ve TÜİK'te yer alan güncel veriler. Birleşmiş Milletler İklim Değişikliği Çerçeve Sözleşmesi ve İlişkili Resmi Metinler. Minibaş, T. (1992). Azgelişmiş Ülkelerde Kalkınmanın Finansmanı. Der yayınları, İstanbul. Sen, A. (2004). Özgürlükle Kalkınma. Ayrıntı Yayınları, İstanbul. Şenses, F. (2001). Kalkınma İktisadı. 2. Baskı, İletişim Yayınları,İstanbul. Şenses, F. (2016). Neoliberal Küreselleşme ve Kalkınma. 3. Baskı,İletişim Yayınları, İstanbul. Thirlwall, A. P., Pacheco-Lopez, P. (2017). Economics of Development: Theory and Evidence. Bloomsbury Academic. Todaro, M. P. & Smith, S. C. (2003). Economic Development. 8th ed., Addison Wesley, New York.
PLANNED LEARNING ACTIVITIES AND TEACHING METHODS	Lecture,Discussion
ASSESSMENT METHODS AND CRITERIA	Quantity Percentage(%) Mid-term 1 50 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 1 1 Preparation for Quiz Individual or group work 14 3 42 Preparation for Final exam 1 30 30 Course hours 14 3 42 Preparation for Midterm exam 1 25 25 Laboratory (including preparation) Final exam 1 1 1 Homework Total Workload 141 Total Workload / 30 4,7 ECTS Credits of the Course 5
LANGUAGE OF INSTRUCTION	Turkish
WORK PLACEMENT(S)	No