At the end of this course, the students; 1) Will have a general understanding of the Turkish Economy, 2) Will know the essential components, qualities, structure, problems, history, and dynamics of the Turkish Economy,Turkish Economy 3) Will be able to understand the sectoral structure, production factors,national and international political and economic environment, economic thoughts and policies that shape the current economic system, 4) Will be able to evaluate the Turkish economy as a global economic agent.
MODE OF DELIVERY
E-Learning
PRE-REQUISITES OF THE COURSE
No
RECOMMENDED OPTIONAL PROGRAMME COMPONENT
None
COURSE DEFINITION
This course aims to relay a general understanding of the Turkish Economy. First, the participants will understand the Turkish Economy's dynamics by defining the essential strengths and dilemmas. Then, starting from 1923, policies that shaped the current economic system will be introduced. Besides, the existing sectoral structure, production factors, and national and international political and economic ecosystem will be covered. In this context, the participants can evaluate the Turkish Economy as a global economic agent.
COURSE CONTENTS
WEEK
TOPICS
1st Week
The Ottoman Legacy
2nd Week
Foundation of the Republic: 1923-1929
3rd Week
Nationalist Development Policies: 1930-1939
4th Week
World War II: 1939-1945
5th Week
Liberal Economic Policies: 1946- 1960
6th Week
Import Substitution Strategies: 1960-1979
7th Week
Export-led Strategies, Financial Liberalization, Privatization & Macroeconomic Outlook 1980-1999
8th Week
Mid-term
9th Week
Export-led Strategies, Financial Liberalization, Privatization & Macroeconomic Outlook 1980-1999
10th Week
Economic Crises and the IMF Programs: 2000s
11th Week
Global Financial Crisis: 2008-2009
12th Week
Turkey?s Macroeconomic Vulnerabilities & Pastor Brunson Crisis: 2018
13th Week
Sector Analysis: 2020s
14th Week
Redesigning the Turkish Economy in the 2020s.
RECOMENDED OR REQUIRED READING
Boratav, Korkut (2019), Türkiye İktisat Tarihi (1908-2015), İmge Yayınları, Ankara RECOMMENDED: Amelung, T. (1988), The political economy of import substitution and subsequent trade liberalization: The case of Turkey (No. 330), Kiel Working Paper. Özdemir, Ü., et.al. (2016), -Turkish Foreign Trade Development in the Context of Economical Policies from The Foundation of Turkish Republic to Today, Doğu Coğrafya Dergisi, 21(35), 149-174. Sönmez, M. E. (2018), Industrial Entrepreneurs and their Geographical Distribution in the Republic?s First Years.
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
0
0
0
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
English
WORK PLACEMENT(S)
No
KEY LEARNING OUTCOMES (KLO) / MATRIX OF LEARNING OUTCOMES (LO)
