| Course Type | Elective Course |
|---|
| Course Level | Bachelor's Degree |
|---|
| Year of Study | 4 |
|---|
| Semester | - |
|---|
| ECTS | 5 |
|---|
| Name of Lecturer(s) |
- |
| Learning Outcomes |
At the end of this course, the students;
- Comprehend comparing the current and previous content of development economics and interpreting the indicators related to development
- Comprehend the incentive mechanisms based on multiple equilibrium theories
- Examine the economic effects of migration on development in the context of development theories
- Examine the relationship between environmental problems and development
- Understand the relationship among human capital, level of technology or productivity, foreign direct investments and savings within the framework of a model
- Understand the relationship between agriculture and industry by establishing a model and examine the structural transformation
- Learn the relationship between foreign trade and development in general and within the framework of export-led growth model
- Analyze the financing of development.
|
| Mode of Delivery | Face to face |
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| Prerequisites | No |
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| Recommended Optional Programme Components | None |
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| Course Description | 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 and General Information about the Course |
|
2nd Week |
Conceptual Explanations, Explanations on Measurement, Discussion: Human Development or Increasing Domestic Value Added? |
|
3rd Week |
Classification of Countries and Problems of Underdeveloped Countries (poverty, income distribution, migration, vulnerable employment, colonial legacy and path dependence, etc.), Discussion: According to which criteria is underdevelopment explained? Does development have to be linear and progressive? |
|
4th Week |
A Brief History of Development and Development Today, Discussion: How has the role of the state changed in the development process? |
|
5th Week |
Multiple Equilibria, Population and Development Theories, Discussion: How can an economy escape from low-level equilibria? |
|
6th Week |
Current Development Issues: Environmental Problems, Migration, Discussion: What is the relationship between pollution and development? What choices can development policy regarding migration involve? |
|
7th Week |
Midterm Exam |
|
8th Week |
Economic Design and Development, Discussion: Through which process does a representative social planner design the development process? |
|
9th Week |
Technological Progress, Discussion: How do types of technological progress affect development policy? |
|
10th Week |
Demand Constraint, Catch-Up, Foreign Direct Investment, Discussion: What is the trade-off between a policy that increases the saving rate and human capital policies related to foreign direct investment? What are the roles of domestic demand and net foreign demand regarding the middle-income trap? |
|
11th Week |
Sectoral Analysis: Agriculture, Industry and Services, Discussion: Is there a single pattern of structural transformation? How does a change in the domestic terms of trade affect industrialization? |
|
12th Week |
Foreign Trade, Globalization and Development, Discussion: Through which channels does foreign trade affect the development process? What are the risks to export-led growth? |
|
13th Week |
Financing of Development, Discussion: Should the interest rate?exchange rate gap be closed or widened? |
|
14th Week |
Financing of Development, Discussion: Should the interest rate?exchange rate gap be closed or widened? |
|
| Recommended 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 |
|
|---|
| 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 Allocated Based on Student Workload |
| Activities |
Quantity |
Duration (Hour) |
Total Workload (Hour) |
| 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 Work Load | 141 |
| Total Work Load / 30 (h) | 4.7 |
| ECTS Credit of the Course | 5 |
|
| Language of Instruction | Turkish |
|---|
| Work Placement(s) | No |
|---|
