TÜRKÇE
ENGLISH
Information
| Code | IKZ303 |
| Name | History of Economic Thoughts |
| Term | 2024-2025 Academic Year |
| Semester | 5. Semester |
| Duration (T+A) | 4-0 (T-A) (17 Week) |
| ECTS | 7 ECTS |
| National Credit | 4 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | C Compulsory |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MEHMET FATİH CİN |
| Course Instructor |
Prof. Dr. MEHMET FATİH CİN
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of the course is to explain the philosopher who contributed to the process of economics becoming a science and the schools of thought these thinkers represented from a historical perspective.
Course Content
History of Economic Thought, the stages Science of Economics has been through, thoughts of macroeconomics
Course Precondition
There are no course prerequisites.
Resources
E. K. Hunt, Mark Lautzenheiser, History of Economic Thought
Notes
Selected Articles
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Improve ability to analyse and synthesize in real life |
| LO02 | Understand versatility of economic issues |
| LO03 | Learn to think critically about the reality in economy |
| LO04 | Explain the development of economic theory historically |
| LO05 | Be familiar with paradigms and deviations from it with their reasons |
| LO06 | Discuss the similarities and differences between different schools of economics |
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 | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Define the role of pricing within the event advantage of the market economy. | 4 |
| 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. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | 4 |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | 5 |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | |
| PLO09 | Beceriler - Bilişsel, Uygulamalı | Apply the methods of economic analysis. | 4 |
| PLO10 | Bilgi - Kuramsal, Olgusal | Analyze at conceptual level and acquires ability in comparing, interpreting, evaluating and synthesizing in order to develop solutions to problems | 4 |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | 4 |
| PLO12 | Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği | Take responsibility individually and / or in a team, take leadership and work effectively. | |
| PLO13 | Yetkinlikler - Öğrenme Yetkinliği | Follow innovative developments in the field being aware of the necessity of lifelong learning and improving him-/herself.. | |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | |
| 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. | |
| PLO16 | Yetkinlikler - Alana Özgü Yetkinlik | Question traditional approaches, practices and methods. | |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. | 4 |
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 | Students will read the relevant sections of the books by topics. | 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 | Students will read the relevant sections of the books by topics. | Öğretim Yöntemleri: Anlatım, Tartışma |
| 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, Tartışma |
| 8 | Mid-Term Exam | Prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Neo-classical economics and additives | Students will read the relevant sections of the books by topics. | 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 | Students will read the relevant sections of the books by topics. | 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 | Students will read the relevant sections of the books by topics. | Öğretim Yöntemleri: Anlatım |
| 16 | Review | Prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams | Prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
Student Workload - ECTS
| Works | Number | Time (Hour) | Workload (Hour) |
|---|---|---|---|
| Course Related Works | |||
| Class Time (Exam weeks are excluded) | 14 | 4 | 56 |
| Out of Class Study (Preliminary Work, Practice) | 14 | 6 | 84 |
| Assesment Related Works | |||
| Homeworks, Projects, Others | 0 | 0 | 0 |
| Mid-term Exams (Written, Oral, etc.) | 1 | 8 | 8 |
| Final Exam | 1 | 16 | 16 |
| Total Workload (Hour) | 164 | ||
| Total Workload / 25 (h) | 6,56 | ||
| ECTS | 7 ECTS | ||