| TYPE OF COURSE UNIT | Elective Course |
| LEVEL OF COURSE UNIT | Bachelor's Degree |
| YEAR OF STUDY | - |
| 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) Define determinants of economic growth.
2) Construct a theoretical model to explain why some countries grow faster than others.
3) Compare exogeneous and endogenous economic growth models.
4) Analyze the steady state and transitional dynamics of economic growth models both graphically and
5) Decide which economic growth model to use in order to answer a research question related to the field.
|
| MODE OF DELIVERY | Face to face |
| PRE-REQUISITES OF THE COURSE | No |
| RECOMMENDED OPTIONAL PROGRAMME COMPONENT | ECON205,ECON214, ECON207, ECON216 |
| 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 | What are the topics in alternative theories of economic growth? | | 3rd Week | Solow model | | 4th Week | Solow model | | 5th Week | Extending the neoclassical growth model with human capital and its applications | | 6th Week | Applications of the neoclassical growth model | | 7th Week | Assessment | | 8th Week | Midterm | | 9th Week | Endogenous growth and the AK model | | 10th Week | Endogenous growth and Arrow model, Lucas model | | 11th Week | Endogenous growth and the Romer model | | 12th Week | Endogenous growth and Jones' contributions | | 13th Week | Population, natural resources and growth | | 14th Week | Assessment |
|
| RECOMENDED OR REQUIRED READING | Jones, C. I. & Vollrath, D. (2021). İktisadi Büyümeye Giriş. 3. Baskıdan çeviri, Sanlı Ateş ve İsmail Tuncer (çevirenler), İstanbul: Literatür Yayıncılık. |
| PLANNED LEARNING ACTIVITIES AND TEACHING METHODS | Lecture,Discussion |
| ASSESSMENT METHODS AND CRITERIA | | | Quantity | Percentage(%) |
|---|
| Mid-term | 1 | 40 | | Total(%) | | 40 | | Contribution of In-term Studies to Overall Grade(%) | | 40 | | Contribution of Final Examination to Overall Grade(%) | | 60 | | 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) | 0 | 0 | 0 | | Final exam | 1 | 1 | 1 | | Homework | 0 | 0 | 0 | | Total Workload | | | 141 |
|---|
| Total Workload / 30 | | | 4,7 |
|---|
| ECTS Credits of the Course | | | 5 |
|---|
|
| LANGUAGE OF INSTRUCTION | Turkish |
| WORK PLACEMENT(S) | No |
| | |
