TURKISH ECONOMY

ECO422

Course Code: ECO422
Semester: -
Theory+Practice: 3 + 0
ECTS: 5

Course Type

Elective Course

Course Level

Bachelor's Degree

Year of Study

Semester

ECTS

Name of Lecturer(s)

. Servıs Servıs

Learning Outcomes

At the end of this course, the students;

Will have a general understanding of the Turkish Economy,
Will know the essential components, qualities, structure, problems, history, and dynamics of the Turkish Economy,Turkish Economy
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,
Will be able to evaluate the Turkish economy as a global economic agent.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

None

Course Description

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
1^st Week	The Ottoman Legacy
2^nd Week	Foundation of the Republic: 1923-1929
3^rd Week	Nationalist Development Policies: 1930-1939
4^th Week	World War II: 1939-1945
5^th Week	Liberal Economic Policies: 1946- 1960
6^th Week	Import Substitution Strategies: 1960-1979
7^th Week	Mid-term
8^th Week	Export-led Strategies, Financial Liberalization, Privatization & Macroeconomic Outlook 1980-1999
9^th Week	Export-led Strategies, Financial Liberalization, Privatization & Macroeconomic Outlook 1980-1999
10^th Week	Economic Crises and the IMF Programs: 2000s
11^th Week	Global Financial Crisis: 2008-2009
12^th Week	Turkey's Macroeconomic Vulnerabilities & Pastor Brunson Crisis: 2018
13^th Week	Sector Analysis: 2020s
14^th Week	Redesigning the Turkish Economy in the 2020s

Recommended or Required Reading

ZORUNLU:
Boratav, Korkut (2019), Türkiye İktisat Tarihi (1908-2015), İmge Yayınları, Ankara
ÖNERİLEN:
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 Economic 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	35
Quiz	2	10
Attendance	1	5
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	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 Work Load			141
Total Work Load / 30 (h)			4.7
ECTS Credit of the Course			5

Language of Instruction

English

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2	LO3	LO4
K1
K2
K3	X	X	X	X
K4	X	X	X	X
K5		X
K6
K7
K8
K9
K10			X	X
K11
K12
K13