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Information
| Code | ECOS404 |
| Name | Comparative World Economy |
| Term | 2023-2024 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | İngilizce |
| Level | Lisans Dersi |
| Type | Normal |
| Label | E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HAKKI ÇİFTÇİ |
| Course Instructor |
1 2 |
Course Goal / Objective
To make an elaborate study about the improvements in world economy in a historical perspective and to give students the ability to foresee the improvements and analiyse them.
Course Content
By pointing out general trends of the world economy within historical process, making analysis and demonstrating the differences in production, trade and financial movements of world economy. In addition, analyzing the reflections of the world economic crisis.
Course Precondition
There is no course prerequiste.
Resources
Lecture notes and articles.
Notes
Selected articles.
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Being able to explain the importance of demand and supply according to economics. |
| LO02 | Being able to understand the role of price system at the market economy |
| LO03 | Being able to define the efficiency and role of money and fiscal policies at the market economy. |
| LO04 | Being able to explain the efficiency conditions of market economy according to economics. |
| LO05 | Being able to explain the role and functions of state. |
| LO06 | Being able to realize different economic systems in the global economy and able to explain main characteristics. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the importance of demand and supply in economy sciece 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 | 2 |
| 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 nymerical 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 | Bilgi - Kuramsal, Olgusal | Use the theory of economics in the analysis of economic events | 2 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Use computer programs, do synthesis and present prepared data efficiently | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Apply the methods of economic analysis. | 3 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and aquire abiliy in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 3 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Take responsibility individually and/or in a team, take leadership and work effectively | 1 |
| PLO12 | Beceriler - Bilişsel, Uygulamalı | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself | 2 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and present effectively | 3 |
| PLO14 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life | 2 |
| PLO15 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Understand and interpret related peoples´ feelings, thoughts and behaviours correctly; express him-/herself accurately in written and oral language | 2 |
| PLO16 | Yetkinlikler - Öğrenme Yetkinliği | Question traditional approaches, practices and methods. | 1 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 1 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The definition of Comperative World Economies and the improving trends in world econmy | Reading course books | Öğretim Yöntemleri: Anlatım |
| 2 | Market Capitalism, Marxism, Socialism, Islamic Economies and economics of other religions | Reading course books | Öğretim Yöntemleri: Anlatım |
| 3 | American Economy: The Market Capitalism Leader | Reading course books | Öğretim Yöntemleri: Anlatım |
| 4 | Japan Economy: A planned market economy with traditional elements | Reading course books | Öğretim Yöntemleri: Anlatım |
| 5 | Whither Indicative Planning: The case of France | Reading course books | Öğretim Yöntemleri: Anlatım |
| 6 | Sweden Economy: Crisis and reform of the Social Market Welfare State | Reading course books | Öğretim Yöntemleri: Anlatım |
| 7 | The unification of Germany and the unification of Europe | Reading course books | Öğretim Yöntemleri: Anlatım |
| 8 | Mid-Term Exam | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
| 9 | The Former Soviet Union and Russias economic transition | Reading course books | Öğretim Yöntemleri: Anlatım |
| 10 | The Polish and Hungarian Economies | Reading course books | Öğretim Yöntemleri: Anlatım |
| 11 | Worker Managed Market Socialism: The Yugoslavian and Slovenian Economies | Reading course books | Öğretim Yöntemleri: Anlatım |
| 12 | Chinas Socialist Market Economy and The Indian Economy | Reading course books | Öğretim Yöntemleri: Anlatım |
| 13 | The New Traditional Economy of Iran | Reading course books | Öğretim Yöntemleri: Anlatım |
| 14 | Revolution and Reform in the Mexican Economy | Reading course books | Öğretim Yöntemleri: Anlatım |
| 15 | North and South Korean Economies | Reading course books | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
| 17 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav, Ödev |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 3 | 42 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 5 | 70 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 15 | 15 |
| Final Exam | 1 | 30 | 30 |
| Total Workload (Hour) | 157 | ||
| Total Workload / 25 (h) | 6,28 | ||
| ECTS | 6 ECTS | ||