TÜRKÇE
ENGLISH
Information
| Code | IKZ403 |
| Name | Economic Policy |
| Term | 2023-2024 Academic Year |
| Semester | 7. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Dr. Öğr. Üyesi MUSTAFA ILDIRAR |
| Course Instructor |
Prof. Dr. HAKKI ÇİFTÇİ
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
This course aims to explore the effectiveness of economic policy in combating economic problems by presenting the conceptual framework of the aimed economic policy and the views on economic policy of economic approaches.
Course Content
Instead of the cause-effect relationship of the theoretical economy, it deals with the economic events of the future within the objective-instrumental relationship. For this purpose, economic system, economic policy decision-making units, goals in economic policy, tools and measures to solve the politics of politics of recognition and treatment are being done.
Course Precondition
There are no prerequisites for the course
Resources
Political Economy for Beginners-M.G. Fawcet
Notes
Why Nations Fail: The Origins of Power, Prosperity, and Poverty-Daron Acemoglu (Author), James A. Robinson (Author), Dan Woren (Narrator)
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Compares new classical and new Keynesian approaches in the frame of general economic policy |
| LO02 | Understands how to use economic policy instruments to achieve the objectives of economic policy |
| LO03 | Knows new classical and new Keynesian approaches in the frame of general economic policy |
| LO04 | Examines traditional and unconventional monetary policies |
| LO05 | The student will have information about the effectiveness of monetary and fiscal policies. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Explain the basic concepts and theorems in the fields of Econometrics, Statistics and Operations research | |
| PLO02 | Bilgi - Kuramsal, Olgusal | Acquires basic Mathematics, Statistics and Operation Research concepts | |
| PLO03 | Bilgi - Kuramsal, Olgusal | Describes the necessary concepts of Business | |
| PLO04 | Beceriler - Bilişsel, Uygulamalı | Equipped with the foundations of Economics, and develops Economic models | 5 |
| PLO05 | Beceriler - Bilişsel, Uygulamalı | Models problems with Mathematics, Statistics, and Econometrics | |
| PLO06 | Beceriler - Bilişsel, Uygulamalı | Has the ability to analyze/interpret at the conceptual level to develop solutions to problems | 3 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Collects/analyses data | 2 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Interprets the results analyzed with the model | 5 |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Combines the information obtained from different sources within the framework of academic rules in a field which does not research | 3 |
| PLO10 | Beceriler - Bilişsel, Uygulamalı | It develops traditional approaches, practices and methods into new working methods when it deems necessary | |
| PLO11 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Leads by taking responsibility individually and/or within the team | 2 |
| PLO12 | Yetkinlikler - Öğrenme Yetkinliği | In addition to herself/himself professional development, constantly improves in scientific, cultural, artistic and social fields in line with interests and abilities | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Being aware of the necessity of lifelong learning, it constantly renews itself by following the current developments in its field. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses a package program of Econometrics, Statistics, and Operation Research | |
| PLO15 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Uses Turkish and at least one other foreign language, academically and in the business context | 4 |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Interprets the feelings, thoughts and behaviors of the related persons correctly/expresses himself/herself correctly in written and verbal form | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Interprets data on current economic and social issues | 5 |
| PLO18 | Yetkinlikler - Alana Özgü Yetkinlik | Applies social, scientific and professional ethical values |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | The concept of economic politics, its importance, its historical development and its place in economics. Value judgments in economic policy. | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | Economic System Economic Order and Economic Policy | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 3 | The Main Differences Between Economics and Politics | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 4 | Economic Political Decision Units and Demand Formation | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Scientific preference and ideological preference | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Objectives in Economic Policy | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 7 | Tools of economic policy | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 8 | Mid-Term Exam | prepare to exam | Öğretim Yöntemleri: Soru-Cevap |
| 9 | Economic policy macro theories | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 10 | Classical macro theory and economic policy | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 11 | Keynesian macro theory and economic policy | reading | Öğretim Yöntemleri: Anlatım |
| 12 | Monetarist macro theory and economic policy | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap |
| 13 | Rational expectations theory and economic policy | reading | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Supply-side economics and economic policy | reading | Öğretim Yöntemleri: Anlatım |
| 15 | Turkey's Social Development Process | reading | Öğretim Yöntemleri: Anlatım |
| 16 | Term Exams | final exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | final exam | Ölçme Yöntemleri: Yazılı Sınav |
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 | 3 | 42 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 12 | 12 |
| Final Exam | 1 | 18 | 18 |
| Total Workload (Hour) | 114 | ||
| Total Workload / 25 (h) | 4,56 | ||
| ECTS | 5 ECTS | ||