At the end of this course, the students; 1) Understand the Turkish Economy as a priority 2) Evaluate the basic components, characteristics, structure, problems, history and basic dynamics of the economy in causality relations 3) Deal with the physical conditions, sectoral structures, production factors, national and international political and economic environment, economic thought and policies, which reveal the current economic structure with their success and crisis, in specific time periods 4) Acquire a global analysis capabilities by assessing the Turkish Economy, which is articulated in the world economy over the last 30 years and to some extent become part of the global economy at the international level.
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 make students understand the Turkish economy. Understanding the Turkish economy will be possible by evaluating the basic components, characteristics, structure, problems, history and basic dynamics of the economy within the causality relations. The physical conditions, sectoral structures, production factors, national and international political and economic environment, economic thought and policies that reveal the current economic structure with its success and crisis will be discussed in specific time periods. In this context, economic development processes and economic policies will be presented in periods since the foundation of the Republic.
COURSE CONTENTS
WEEK
TOPICS
1st Week
Economic Heritage Inherited from the Ottoman Empire
2nd Week
Foundation Years of the Republic: 1923-1929
3rd Week
Statist Development Breakthrough: 1930-1939
4th Week
Difficult Years: II. World War: 1939-1945
5th Week
Opening to the World and Liberal Economy Essays: 1946-1960
6th Week
The Planned Period: Industrialization Strategies Based on Import Substitution: 1960-1979
7th Week
January 24 Decisions and Outward Open Growth Strategies & Financial Liberalization and Articulation in the Global Economy: 1990-?
8th Week
Midterm
9th Week
Economic Crises and IMF's New Stability Programs
10th Week
Turkey Economy: Sectoral Analysis
11th Week
2008 Global Financial Crisis and Turkey-EU Debt Crisis Economy
12th Week
Turkey's Macroeconomic Fragility
13th Week
Current Economic Problems
14th Week
Turkey's 21st Century Economy Redesign
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
35
Attendance
1
5
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
Total Workload
141
Total Workload / 30
4,7
ECTS Credits of the Course
5
LANGUAGE OF INSTRUCTION
Turkish
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)