IKZ206 History of Economics

4 ECTS - 2-0 Duration (T+A)- 4. Semester- 2 National Credit

Information

Code IKZ206
Name History of Economics
Semester 4. Semester
Duration (T+A) 2-0 (T-A) (17 Week)
ECTS 4 ECTS
National Credit 2 National Credit
Teaching Language Türkçe
Level Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Dr. Öğr. Üyesi TOLGA KABAŞ


Course Goal

The founders of economics and important economic thought schools will be explained. Contemporary economic policies are products of founding fathers and their schools. In order to understand modern economic problems and policies, fouding fathers thoughts should be learned.

Course Content

To explain historical development and evolution of economics science. Founding fathers like Adam Smith, David Ricardo, Jeremy Bentham, John Stuart Mill, Alfred Marshall, J. Maynard Keynez will be introduced.

Course Precondition

There are no course prerequisites.

Resources

The Making Of Modern Economics: The Lives and Ideas of the Great Thinkers, Mark Skousen, M.E. Sharpe

Notes

Feodal Toplumdan Yirminci Yüzyıla, Leo Huberman, İletişim.


Course Learning Outcomes

Order Course Learning Outcomes
LO01 Being able to explain characteristics of Classical School and its members
LO02 Being able to explain the importance of Marjinalizm
LO03 Being able to explain characteristics Neoclassical School and its members
LO04 Being able to explain the importance of Keynesian Revolution
LO05 Being able to explain the views of Milton Friedman about monetary policy
LO06 Being able to compare the different schools of economic thought (Classical, Neoclassical, Keynesian andMonetarist schools)
LO07 Being able to explain Karl Marx's thoughts about capitalism.


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Explain the importance of demand and supply in economy science and the well-running conditions of the market economy 3
PLO02 Bilgi - Kuramsal, Olgusal Define the role of pricing within the event advantage of the market economy. 3
PLO03 Bilgi - Kuramsal, Olgusal Define the role of the state in economy, money and financial policies, the central bank and the structure of the market. 3
PLO04 Bilgi - Kuramsal, Olgusal Perceive the costs and benefits arising from the global economy 3
PLO05 Bilgi - Kuramsal, Olgusal Produce numerical and policy options when confronted with problems. 2
PLO06 Bilgi - Kuramsal, Olgusal Use quantitative and qualitative techniques of model building, decoding and interpretation. 2
PLO07 Beceriler - Bilişsel, Uygulamalı Use the theory of economics in the analysis of economic events. 2
PLO08 Beceriler - Bilişsel, Uygulamalı Use computer programs, do synthesis and present prepared data efficiently.
PLO09 Beceriler - Bilişsel, Uygulamalı Apply the methods of economic analysis. 3
PLO10 Bilgi - Kuramsal, Olgusal Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems 3
PLO11 Beceriler - Bilişsel, Uygulamalı Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. 3
PLO12 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Take responsibility individually and / or in a team, take leadership and work effectively. 1
PLO13 Yetkinlikler - Öğrenme Yetkinliği Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. 3
PLO14 Yetkinlikler - İletişim ve Sosyal Yetkinlik Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. 3
PLO15 Yetkinlikler - İletişim ve Sosyal Yetkinlik Understand and interpret related people´s feelings, thoughts, and behaviours correctly; expresse him-/herself accurately in written and oral language. 2
PLO16 Yetkinlikler - Alana Özgü Yetkinlik Question traditional approaches, practices and methods. 1
PLO17 Yetkinlikler - Alana Özgü Yetkinlik Recognize and apply social, scientific and professional ethical values. 3


Week Plan

Week Topic Preparation Methods
1 Topics Overview of Economic Thought and Method Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
2 European Thought and Mercantilist doctrine at the beginning of New Age Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
3 Liberal Doctrine and the Emergence of Liberal Economics Review the Topics Discussed in the Lecture Notes and Sources Öğretim Yöntemleri:
Anlatım
4 Cases that directed classical political economics and classical economics in the first century. Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
5 Classical Economics and the main contributions Review the Topics Discussed in the Lecture Notes and Sources Öğretim Yöntemleri:
Anlatım
6 Socialist Thoughts Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
7 Doctrine of National Economy and Historical Thoughts Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
8 Mid-Term Exam Prepare to exam Ölçme Yöntemleri:
Yazılı Sınav
9 Neo-classical economics and additives Review the Topics Discussed in the Lecture Notes and Sources Öğretim Yöntemleri:
Anlatım
10 Neo-classical economics (Continued) Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
11 Institutional School of Thought and Contributions Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
12 The Economics of Keynes and Keynesianism Review the Topics Discussed in the Lecture Notes and Sources Öğretim Yöntemleri:
Anlatım
13 Austrian School and the new Liberal of Economics Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
14 Monetarism, Neo-Classical Economics and Supply Economics Students will read the relevant sections of the books by topics Öğretim Yöntemleri:
Anlatım
15 Keynesian Economics and Contributions Review the Topics Discussed in the Lecture Notes and Sources Öğretim Yöntemleri:
Anlatım
16 Term Exams Students will read the relevant sections of the books by topics Ölçme Yöntemleri:
Yazılı Sınav
17 Term Exams Students will read the relevant sections of the books by topics Ölçme Yöntemleri:
Yazılı Sınav


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 2 28
Out of Class Study (Preliminary Work, Practice) 14 2 28
Assesment Related Works
Homeworks, Projects, Others 1 0 0
Mid-term Exams (Written, Oral, etc.) 1 8 8
Final Exam 1 24 24
Total Workload (Hour) 88
Total Workload / 25 (h) 3,52
ECTS 4 ECTS