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Information
| Unit | INSTITUTE OF SOCIAL SCIENCES |
| ECONOMICS (MASTER) (WITH THESIS) | |
| Code | İKT705 |
| Name | Philosophy of Economics |
| Term | 2024-2025 Academic Year |
| Term | Fall and Spring |
| Duration (T+A) | 3-0 (T-A) (17 Week) |
| ECTS | 5 ECTS |
| National Credit | 3 National Credit |
| Teaching Language | Türkçe |
| Level | Yüksek Lisans Dersi |
| Type | Normal |
| Mode of study | Yüz Yüze Öğretim |
| Catalog Information Coordinator | Prof. Dr. MUAMMER TEKEOĞLU |
| Course Instructor |
Prof. Dr. MEHMET FATİH CİN
(Güz)
(A Group)
(Ins. in Charge)
|
Course Goal / Objective
The aim of this course is to explain the role of philosophical arguments in the emergence of economics.
Course Content
General definition of economic philosophy, relationship between economics and other social sciences, analysis and discussion of philosophers and sociologists who contributed to economic thought, Analysis of Physiocracy and Mercantilism movements, Adam Smith and the emergence of liberal economics, Karl Marx philosophy, Keynes versus Liberal Economics,
Course Precondition
There are no prerequisites for the course.
Resources
Ayşe Buğra, İktisatçılar ve İnsanlar Feridun Yılmaz, İktisadı Felsefeyle Düşünmek
Notes
Selected Articles
Course Learning Outcomes
| Order | Course Learning Outcomes |
|---|---|
| LO01 | Explain the main arguments of different schools of economic thought such as Classical, Marxist, Keynesian and Neoclassical. |
| LO02 | Explain economic theories within the frameworks of positivism, realism, and postmodernism in terms of philosophy of knowledge and methodology. |
| LO03 | Explains the ethical dimension of economics within the framework of concepts such as welfare, justice, inequality and market ethics. |
| LO04 | Compares the role of the market and the state in the context of liberalism, socialism, anarchism, and public choice theory. |
| LO05 | Explains the concept of homo economicus and the decision-making processes of individuals within the framework of behavioral economic theories. |
| LO06 | Explains comparatively the historical origins, theoretical underpinnings and criticisms of different economic systems. |
| LO07 | Explains the philosophical connections between economics and disciplines such as political science, sociology and psychology. |
| LO08 | Explains current economic issues such as globalization, sustainability and technology in the context of economic philosophy. |
Relation with Program Learning Outcome
| Order | Type | Program Learning Outcomes | Level |
|---|---|---|---|
| PLO01 | Bilgi - Kuramsal, Olgusal | Gains expertise in economics. | 5 |
| PLO02 | Bilgi - Kuramsal, Olgusal | Specifies the role of the market economy, the price advantage of the event. | 4 |
| PLO03 | Bilgi - Kuramsal, Olgusal | Explains basic macroeconomic problems such as unemployment, inflation, current account deficit and policies to solve these problems based on scientific sources. | 5 |
| PLO04 | Bilgi - Kuramsal, Olgusal | Faces with challenges, produces a numerical and policy options. | 5 |
| PLO05 | Bilgi - Kuramsal, Olgusal | Builds, decodes and interprets models by using quantitative and qualitative techniques | |
| PLO06 | Bilgi - Kuramsal, Olgusal | Learning the application of programme packages like SAS, RATS, SPSS, TSP, Win BUGS, EViews, etc to do analyses of empirical data. | |
| PLO07 | Bilgi - Kuramsal, Olgusal | Uses the theory of economics in analyzing the economic events | 4 |
| PLO08 | Bilgi - Kuramsal, Olgusal | Acquires the ability of analyzing in the conceptual level ,compares interprets, evaluates and synthesizes ideas in order to develop solutions to the problems. | |
| PLO09 | Bilgi - Kuramsal, Olgusal | Takes responsibility individually and / or in a team,leads a team and works effectively | |
| PLO10 | Bilgi - Kuramsal, Olgusal | With the awareness of the necessity of life-long learning, follows the latest developments about his field and improves himself | 4 |
| PLO11 | Bilgi - Kuramsal, Olgusal | Speaks Turkish, and at least one other foreign language in accordance with the requirements of academic and business life. | |
| PLO12 | Bilgi - Kuramsal, Olgusal | Questions traditional approaches, implementations, and methods ;develops and practises alternative study programs when required | 5 |
| PLO13 | Beceriler - Bilişsel, Uygulamalı | Knows where and how to find all scientific resources and data to do her research. | |
| PLO14 | Beceriler - Bilişsel, Uygulamalı | Understands the necessity and importance of research in social sciences. | 4 |
| PLO15 | Beceriler - Bilişsel, Uygulamalı | Understands the relationship between economics and other branches of science. | 5 |
| PLO16 | Yetkinlikler - İletişim ve Sosyal Yetkinlik | Expresses himself/herself accurately, both orally and in writing. | 4 |
| PLO17 | Yetkinlikler - Öğrenme Yetkinliği | Recognize and apply social, scientific and professional ethical values. | 4 |
Week Plan
| Week | Topic | Preparation | Methods |
|---|---|---|---|
| 1 | Economies and Societies | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 2 | First Century of Economics | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 3 | History of Economic Methodology | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 4 | Method Debate l in fearful years | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 5 | Economics and Mathematics | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 6 | Economics and Ideology | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 7 | Rationality and Economics | Ders Materyali | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 8 | Mid-Term Exam | Midterm Exam | Ölçme Yöntemleri: Yazılı Sınav |
| 9 | Historian Methods | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 10 | Keynes and Methodology | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 11 | Rationality after Keynes | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 12 | New approaches and Economics | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 13 | Economies and Societies Again | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 14 | Post-autistic economics | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 15 | Where Science of Economics go | Course Material | Öğretim Yöntemleri: Anlatım, Soru-Cevap, Tartışma |
| 16 | Final Exam | Reading Resources | Ölçme Yöntemleri: Yazılı Sınav |
| 17 | Fİnal Exam | Reading Resources | Ölçme Yöntemleri: Yazılı Sınav |
Assessment (Exam) Methods and Criteria
| Assessment Type | Midterm / Year Impact | End of Term / End of Year Impact |
|---|---|---|
| 1. Homework | 100 | 40 |
| General Assessment | ||
| Midterm / Year Total | 100 | 40 |
| 1. Final Exam | - | 60 |
| Grand Total | - | 100 |
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 | ||