CURRENT ISSUES IN WORLD ECONOMICS AND TURKEY

BUSZ507

Course Code: BUSZ507
Semester: -
Theory+Practice: 3 + 0
ECTS: 10

Course Type

Elective Course

Course Level

Master's Degree Without Thesis

Year of Study

Semester

ECTS

Name of Lecturer(s)

Professor Uğur Emek

Learning Outcomes

At the end of this course, the students;

Know the benchmarks of the world history in terms of economic development; major inventions, capital accumulation, development of manufacture production, money and banking, Bretton Woods system, exchange rates mechanisms, capital liberalisation and the like,
Know the present day macro economic situations in the major economies that is USA, EU, China,Japan. Also being neighbors of Turkey; economies of the Russia, Iran, Greece deserves some attention plus the functions of some important organisations such as IMF, WB, WTO etc.

Mode of Delivery

Face to face

Prerequisites

Recommended Optional Programme Components

Course Description

At the end of this course, the students evaluate long term or structural issues like; development, external debts, unequal distribution of income, energy problems, and financial crises.

Course Contents

WEEK	TOPICS
1^st Week	BW system and subsequent macro policy developments
2^nd Week	Systems; central planning, mixed economy and liberal economy
3^rd Week	International Institutions and Functions
4^th Week	International Institutions and Functions
5^th Week	World Economic Conjuncture and General Policies
6^th Week	Situation in some Neighboring Economies
7^th Week	Underdevelopment and borrowing
8^th Week	Midterm
9^th Week	Unbalanced income distribution
10^th Week	Capitalism crises and financial structure
11^th Week	Energy supply, and geopolitical appearance
12^th Week	Economic Development of Southeast Asia
13^th Week	China's Ascension
14^th Week	Evolution of EU-Turkey Relations
15^th Week	General Review

Recommended or Required Reading

Hobsbawn, E.J; Sanayi ve İmparatorluk, Dost yayınevi.
Hacıyev H.Ş , Bayramov E.İ; Dünya Ekon. Tarihi, Gazi yayıncılık.
Kindleberger C.P,Aliber R.Z; Finansal Krizler Tarihi, T.İşbank.y.
Rodrik, Dani: Akıllı Küreselleşme; Efil yayın.
Piketty, Thomas: 21.yy da Kapital; T. İşbankası yayınları
Eğilmez, Mahfi: Küresel Finans Krizi; Remzi kitapevi.

Planned Learning Activities and Teaching Methods

Lecture

Assessment Methods and Criteria

	Quantity	Percentage (%)
Mid-term	1	40
Total(%)		40
Contribution of In-term Studies to Overall Grade(%)		40
Contribution of Final Examination to Overall Grade(%)		60
Total(%)		100

ECTS Allocated Based on Student Workload

Activities	Quantity	Duration (Hour)	Total Workload (Hour)
Midterm exam	1	2	2
Preparation for Quiz	0	0	0
Individual or group work	0	0	0
Preparation for Final exam	0	0	0
Course hours	14	2	28
Preparation for Midterm exam	0	0	0
Laboratory (including preparation)	0	0	0
Final exam	0	0	0
Homework	0	0	0
Total Work Load			30
Total Work Load / 30 (h)			1
ECTS Credit of the Course			10

Language of Instruction

English

Work Placement(s)

Programme Qualifications / Learning Outcomes

	LO1	LO2
K1	X	X
K2	X	X
K3
K4
K5
K6
K7	X	X
K8
K9
K10
K11
K12
K13
K14
K15
K16	X	X