TURKISH ECONOMY

ECON574

Course Code: ECON574
Semester: -
Theory+Practice: 3 + 0
ECTS: 10

Course Type

Elective Course

Course Level

Master's Degree With Thesis

Year of Study

Semester

ECTS

Name of Lecturer(s)

Learning Outcomes

At the end of this course, the students;

Understand the Turkish economy at the macro level
Evaluate the basic components, characteristics, structure, problems, history and basic dynamics of the economy within the context of causality.
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.
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.
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

Prerequisites

Recommended Optional Programme Components

None

Course Description

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
1^st Week	The world economic situation at the beginning of the 20th century and the Economic Heritage Inherited from the Ottoman Empire
2^nd Week	Foundation Years of the Republic: 1923-1929
3^rd Week	Statist Development Leap: 1930-1939
4^th Week	Difficult Years: II. World War II: 1939-1945
5^th Week	Opening to the World and Liberal Economy Trials: 1946-1960
6^th Week	Planned Period: Industrialization Strategies Based on Import Substitution: 1960-1979
7^th Week	January 24 Decisions and Foreign Growth Strategies
8^th Week	Financial Liberalization and Joining the Global Economy: 1990- ?
9^th Week	Economic Crises and IMF's New Stabilization Programs
10^th Week	Turkish Economy: Sectoral Analysis
11^th Week	2008 Global Financial Crisis-EU Debt Crisis and Turkish Economy
12^th Week	Turkey's Macroeconomic Vulnerabilities
13^th Week	The Global Covid-19 Pandemic and Current Economic Issues
14^th Week	Redesigning the Turkish Economy of the 21st Century

Recommended 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 Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
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 Work Load			301
Total Work Load / 30 (h)			10.03
ECTS Credit of the Course			10

Language of Instruction

Turkish

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4	LO5
K1	X	X
K2	X	X
K3	X	X
K4	X	X
K5	X	X
K6	X	X
K7	X	X
K8	X	X
K9	X	X
K10