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Information
| Unit | FACULTY OF ECONOMICS AND ADMINISTRATIVE SCIENCES |
| ECONOMICS PR. | |
| Code | IKS404 |
| Name | Comparative World Economy |
| Term | 2024-2025 Academic Year |
| Semester | 8. Semester |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 6 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Lisans Dersi |
| Type | Normal |
| Label | FE Field Education Courses E Elective |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. HAKKI ÇİFTÇİ |
| Course Instructor |
The current term course schedule has not been prepared yet.
|
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 are no conditions.
Resources
Comparative Political Economy: States, Markets and Global Capitalism- Ben Clift
Notes
Comparative Political Economy: States, Markets and Global Capitalism- Ben Clift
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explains the basic components of the world economy, economic blocs and the functioning of global trade. |
| LO02 | Explains different economic systems such as market economy, planned economy and mixed economy, and the advantages and difficulties of these systems. |
| LO03 | Explains comparative advantage, foreign trade theories (Ricardo, Heckscher-Ohlin) and the effects of these theories on global trade dynamics. |
| LO04 | Compares the development strategies, economic growth rates and development indicators of developed and developing countries. |
| LO05 | Explains the causes, effects and solution strategies of major crises that occurred in the world economy (e.g., the Great Depression of 1929, the Financial Crisis of 2008). |
| LO06 | Explains risks in exchange rates, international borrowing, financial integration, and global financial markets. |
| LO07 | The North-South divide explains the economic differences between Asia's emerging economies and between developed and developing countries. |
| LO08 | Explains the effects of international organizations such as the World Trade Organization (WTO), the International Monetary Fund (IMF), and the World Bank on the global economy. |
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. | |
| 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. | |
| PLO04 | Bilgi - Kuramsal, Olgusal | Perceive the costs and benefits arising from the global economy | 4 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Produce numerical and policy options when confronted with problems. | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Use quantitative and qualitative techniques of model building, decoding and interpretation. | 4 |
| PLO07 | Beceriler - Bilişsel, Uygulamalı | Use the theory of economics in the analysis of economic events. | |
| PLO08 | Beceriler - Bilişsel, Uygulamalı | Use computer programs, do synthesis and present prepared data efficiently. | 5 |
| 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 | |
| PLO11 | Beceriler - Bilişsel, Uygulamalı | Use of different sources about an unfamiliar field within academic principles, synthesize gained data and presents effectively. | |
| 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.. | 5 |
| PLO14 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Use Turkish and at least one foreign language in accordance with the requirements of academic and work life. | 4 |
| 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. | 5 |
| PLO17 | Yetkinlikler - Alana Özgü Yetkinlik | Recognize and apply social, scientific and professional ethical values. |
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, Tartışma, Soru-Cevap |
| 2 | Market Capitalism, Marxism, Socialism, Islamic Economies and economics of other religions | Reading course books | Öğretim Yöntemleri: Anlatım, Tartışma, Soru-Cevap |
| 3 | American Economy: The Market Capitalism Leader | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | Japan Economy: A planned market economy with traditional elements | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Whither Indicative Planning: The case of France | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Sweden Economy: Crisis and reform of the Social Market Welfare State | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | The unification of Germany and the unification of Europe | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 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, Tartışma, Soru-Cevap |
| 10 | The Polish and Hungarian Economies | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Worker Managed Market Socialism: The Yugoslavian and Slovenian Economies | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | Chinas Socialist Market Economy and The Indian Economy | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | The New Traditional Economy of Iran | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Revolution and Reform in the Mexican Economy | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | North and South Korean Economies | Reading course books | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Term Exams | prepare to exam | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Term Exams-2 | 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 | 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 | ||